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Writer's pictureFahad H

US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power


The United States prosecutors have formally indicted a person from Singapore for utilizing stolen identities to illegally make the most of Amazon Amazon Web Services – Can They Really Solve Your Problems?” alt=”Web Services”>Web Services’ cloud computing energy for crypto mining.

According to the indictment initially filed on Oct. 1, Ho Jun Jia was charged with eight counts of wire fraud, 4 counts of entry gadget fraud and two counts of aggravated id theft.

Impersonating a sport developer

The doc states that from October 2019 to February 2019 Ho Jun Jia — aka “Matthew Ho,” aka “Prefinity,” aka “Ethereum Vendor” — has stolen a number of identities and accounts, together with from unnamed Los Angeles-based sport developer. 

Ho then used social engineering to achieve entry to admin privileges and enormous quantities of cloud computing energy on Amazon Web Services (AWS). The prosecutors declare that he used illegally accessed digital machines to mine cryptocurrencies akin to Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).

Over $5 million value of computing energy

Per the indictment, the whole value of computing providers utilized by Ho amounted to over $5 million. The prosecutors additionally allege that sooner or later he even turned the most important AWS knowledge client, including:

“In the few months his scheme remained active, Ho consumed more than $5 million in unpaid cloud computing services with his mining operation and, for a brief period, was one of Amazon Web Services (AWS) largest consumers of data usage by volume. Some of the bills were paid by the California game developer’s financial staff before the fraud was detected.”

The prosecutors declare that Ho additionally stole identities from a person in Texas and an Indian enterprise proprietor, likewise utilizing them to order digital machines on AWS and Google Cloud.

Police arrested Ho in late September. When the case goes to trial, he may face fees within the Seattle Western District court docket if extradited — which is feasible because of an extradition treaty between the U.S. and Singapore.

As Cointelegraph reported on Oct. 3, cryptocurrency trade HitBTC has denied allegations that it froze Brazillian funding startup Atlas Quantum’s funds, claiming the proof was solid.


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