Cryptojacker sets up 1 million virtual servers mining millions in crypto illegally

Authorities in Ukraine have busted a 29-year-old individual on the grounds of compromising cloud accounts to illegally mine cryptocurrencies. 
The arrest conducted on January 9 in Mykolaiv was a collaboration between Europol and an unidentified cloud service provider who apprehended the individual in what was described as a ‘sophisticated cryptojacking scheme,’ Europol said in a press statement on January 12. 
According to Europol, the suspect is believed to have mined over $2 million (€1.8 million) in cryptocurrencies through the compromised accounts. 
On the other hand, Ukrainian cyber police, who also participated in the operation, noted that the individual employed automated tools to forcefully breach the passwords of 1,500 accounts belonging to a subsidiary of an e-commerce entity that was not named.
The suspect is accused of leveraging the compromised accounts to obtain administrative privileges. Subsequently, the individual created over one million virtual computers, e

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