Nebraska Man Gets 1 Year in Prison for $3.5m Cryptojacking Scheme
Posted4 months agoActive4 months ago
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CryptojackingCybersecurityCloud Hosting
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Cryptojacking
Cybersecurity
Cloud Hosting
A Nebraska man was sentenced to 1 year in prison for a $3.5M cryptojacking scheme, sparking discussion on the responsibility of cloud hosting companies.
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My guess is the judge saw that the cloud hosting companies held some responsibility for not cutting off his services sooner when it became apparent he was not going to pay. Why did the cloud providers allow this guy to rack up such a large unpaid bill before going to the feds? Doesn't make much sense to allow someone to just run up a huge tab and not cut him off.