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Cryptocurrency Singaporean Cryptocurrency Thief Racks Up $5 Million AWS, Google Cloud Bill


Cryptocurrency

Cryptocurrency Singaporean Cryptocurrency Thief Racks Up $5 Million AWS, Google Cloud Bill

A Singaporean has been indicted in the U.S. on charges of stealing cloud computing power on Amazon Web Services (AWS) and Google to mine cryptocurrency. According to the U.S. Attorney’s Office in the Western District of Washington, Ho Jun Jia used the stolen identity and credit card information of a video game developer based in…

Cryptocurrency Singaporean Cryptocurrency Thief Racks Up $5 Million AWS, Google Cloud Bill

Cryptocurrency

A Singaporean has been indicted in the U.S. on charges of stealing cloud computing power on Amazon Web Products and services (AWS) and Google to mine cryptocurrency.

In preserving with the U.S. Authorized reliable’s Space of business in the Western District of Washington, Ho Jun Jia extinct the stolen identification and credit score card files of a online game developer essentially essentially based fully in California and a Texan resident to launch cloud services and products accounts with Amazon Web Products and services and Google Cloud Products and services. Ho moreover impersonated the founding father of a tech agency essentially essentially based fully in India.

Cryptocurrency A $5 million cloud computing bill in 5 months

The Singaporean perpetrated the scheme between October 2017 and February 2018. Within the 5-month interval, Ho is estimated to have ran up a bill of over $5 million. Some of the costs were charged to the bank cards of his victims sooner than the fraud become came sooner or later of.

At one time, Ho’s cryptocurrency mining operation become the ideally suited user of computing power on AWS by quantity.  This become on the checklist he had ostensibly opened utilizing the game developer’s identification.

To lead certain of suspicion following the spike in usage, Ho moreover posed as a representative of the game developer to talk with AWS in talk in self belief to assuage concerns. Many of the phony email addresses that Ho created for his deception were Gmail accounts.

Apart from mining cryptocurrencies, Ho moreover opened an Amazon retail checklist utilizing the game developer’s identification. On this checklist he attempted to settle computing-connected equipment utilizing the game developer’s American Scream credit score card files.

As opposed to Google and AWS, Ho extinct the stolen identification to signal in with London-essentially essentially based fully crypto mining agency CCG Mining.

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Cryptocurrency Crypto mining done largely at game developer’s expense

Even when three victims must this point been identified, the California-essentially essentially based fully game developer become the hardest hit. Per the indictment, the game developer’s credit score card become charged approximately $240,000 for Ho’s use of Google Cloud Products and services.  Moreover, there become moreover a designate of $135,861.12 to the game developer’s credit score card for the use of AWS services and products.

After mining the cryptocurrencies, Ho sold them for fiat currencies on gaze-to-gaze crypto exchanges. This included LocalBitcoins and LocalEthereum the put he went by such monikers as ‘Ethereum Vendor’ and ‘Prefinity’.

Moreover, Ho moreover sought merchants of cryptocurrencies on social media platforms:

Ho moreover extinct social media, reminiscent of Facebook, to solicit ardour in cryptocurrency and to promote the fluctuations in designate and exploit the increasing attention to and recognition of cryptocurrency and virtual foreign money markets.

The Singaporean now faces eight counts of wire fraud, four counts of accumulate admission to tool fraud and two counts of aggravated identification theft. Ho is currently in the custody of the Singapore Police Pressure after he become arrested boring final month.

This article become edited by Samburaj Das.

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