CoinVoice has learned that, according to Decrypt, Charles O. Parks III (online name "CP3O"), a man from Nebraska, USA, has been sentenced to one year and one day in prison for orchestrating an illegal "crypto hijacking" scheme worth $3.5 million. He illegally mined cryptocurrency by stealing cloud computing resources, profiting nearly $1 million, which he used to purchase luxury goods.

Parks has paid a $500,000 fine and a Mercedes-Benz, with the compensation amount still to be determined. It is reported that he disguised himself as an educational platform to deceive cloud service providers into granting computing resources for mining Ethereum, Litecoin, and Monero, and laundered the money through exchanges and banks. [Original link]