The hacker used over 5,000 hosting accounts to mine cryptocurrency illegally.
Damage to the hosting firm was estimated at over $4.4 million.
Faces up to 15 years in prison if convicted.
Ukrainian authorities have arrested a 35-year-old man from the Poltava region for allegedly hacking into thousands of hosting accounts and using the stolen access to mine cryptocurrency, resulting in more than $4.4 million in damages. The suspect is accused of running an elaborate cryptojacking operation that compromised servers from a major international hosting provider.
The country’s National Police Cyber Department announced on June 4, stating that the hacker had been conducting unauthorized intrusions into corporate infrastructure since at least 2018.
According to investigators, the accused gained illicit access to over 5,000 customer accounts belonging to a global hosting provider that rents server space for websites and online platforms. By exploiting security vulnerabilities, h
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