A Nebraska man has been indicted with several criminal charges by the New York authorities for allegedly conducting a $3.5 million crypto scheme. The press release revealed that the accused could face up to 30 years in prison if found guilty.
Man Accused With Fraud And Money Laundering
On Monday, New York authorities announced the indictment of a 45-year-old man for an illegal “cryptojacking” scheme that saw the loss of millions for two cloud computer services providers.
Breon Peace, US Attorney for the Eastern District of New York, members of the Federal Bureau of Investigation (FBI)’s New York Field Office, and a Commissioner of the New York Police Department (NYPD) unveiled their collaboration in the investigation.
The accused, Charles O. Parks III, also known as “CP30”, allegedly ran a “large-scale ‘cryptojacking’ operation” that defrauded two cloud computing providers. According to the press release, the two well-known companies lost over $3.5 millio
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