this post was submitted on 15 Apr 2024
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146
Alleged cryptojacking scheme consumed $3.5M of stolen computing to make just $1M (arstechnica.com)
submitted 7 months ago by jeffw@lemmy.world to c/technology@lemmy.world
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[–] PoliticallyIncorrect@lemm.ee 2 points 7 months ago (2 children)

The key depends on from who was the 3.5M and who got the 1M..

[–] MNByChoice@midwest.social 7 points 7 months ago

That is right. The thief got $1 million they wouldn't have had otherwise.

[–] NOT_RICK@lemmy.world 6 points 7 months ago (1 children)

You could try reading the article. It’s the very first sentence.

Federal prosecutors indicted a Nebraska man on charges he perpetrated a cryptojacking scheme that defrauded two cloud providers—one based in Seattle and the other in Redmond, Washington—out of $3.5 million.

[–] EmilyIsTrans@lemmy.blahaj.zone 10 points 7 months ago

Seattle and Redmond. So Amazon and Microsoft?