Ukraine Arrests Suspect in Large-Scale Cryptojacking Operation with Europol Support

Ukrainian authorities, in collaboration with Europol, have successfully apprehended a 29-year-old individual accused of orchestrating a sophisticated cryptojacking operation. The suspect allegedly compromised over 1,500 cloud accounts, creating more than one million virtual computers for extensive cryptocurrency mining activities. The illegal mining operation, amounting to over $2 million, involved the unauthorized transfer of funds using TON cryptocurrency wallets. This arrest highlights the effectiveness of international cooperation in combating cryptocurrency-related cybercrime, underscoring the global concern over the increasing sophistication of such criminal activities. This incident comes amid a backdrop of growing crypto heists and emphasizes the need for enhanced cybersecurity measures and regulatory oversight. (Source: Cryptopolitan)