Ukrainian Scammer/Cryptojacker Arrested – 2024

Ukrainian Scammer/Cryptojacker Arrested

Law Enforcement Action Against Cybercriminals

•  SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

Article Abstract

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.

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