Ukrainian Scammer/Cryptojacker Arrested
Law Enforcement Action Against Cybercriminals
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
A 29-year-old mastermind of a complex cryptojacking scheme, believed to have mined over EUR 1.8 million, was arrested in Mykolaiv, Ukraine.
The National Police of Ukraine, supported by Europol and a cloud provider, collaborated intensively to apprehend the suspect. Cryptojacking involves the unauthorized use of cloud infrastructure to mine cryptocurrencies, bypassing server and power costs.