21 Year Old Russian Hacks Public Servers to Mine Bitcoin Now Faces Prison
Russian Man Being Charged for Illegal Bitcoin Mining Through Government Servers
A report from Ura.Ru revealed that a 21-year old man from Russia is up against criminal charges involving the Bitcoin industry. It seems that this man has been accused of illegally mining Bitcoins with government-owned servers. The source of these details is Russia’s Federal Security Service (FSB).
Based on the information available, the accused used servers from three different regions in Russia, which he hacked to gain access to. The Internal Security Division in Yaroslavl had picked up an attempt that the man had initiated to try and hack their servers as well.
After detection, the charges specifically include the deliberate use of software that renders the network’s defense inept, for which the hacker was charged as well. If he eventually found to be the culprit, it is possible that he will spend the next five years behind bars.
Mining itself is usually not punished with a prison sentence and is instead assessed fees. However, in the case of mining through the theft of electricity services, the criminals are subjected to a prison sentence. A perfect example of this happened in South Korea in April, when miners decided to rent out factories and chicken farms to get a lowered rate on their costs for electricity. Police ultimately arrested the thieves.
A Chinese man ended up in a similar scenario after stealing a train station’s electricity for his own mining facility. As a result, his punishment was much harsher, considering the 100,000 yuan fine (worth about $14,500) and the 3.5 years that he was ordered to serve in prison.
Every area hasn’t been as aggressive in stopping these actions. In the United States in March, miners were only brought to the attention of the authorities when residents in one of the towns had filed a complaint against their theft of discounted electricity. Instead of being arrested, the police only asked them to stop their operations.