NiceHash Founder Charged with Fraud, Racketeering After Hack of 4,700 BTC Back In 2017

Quick Facts:

  • NiceHash founder has been charged with fraud
  • Matjaž Škorjanc has been involved in different illegal activities throughout the last years.

Matjaž Škorjanc, the founder of the Bitcoin mining marketplace NiceHash, is accused of conducting fraudulent activities. This comes after the hack that the platform experienced back in 2017. According to Decrypt, he is charged with racketeering and conspiracy to commit wire and bank fraud. Apparently, he sold data he fraudulently obtained on Darkode, a cybercrime forum, and marketplace.

Nicehash Founder Charged With Fraud

As per the report, Mr. Škorjanc created Darkode and he operated it under the name “Iserdo.” The site was taken down back in 2015 and more than 70 individuals were arrested. Škorjanc is accused of hacking a bank account and credit card information. He has also stolen other identities. The victims have been defrauded of $4.5 million between the years 2008 and 2013.

After these investigations, it is possible to see that the founder of NiceHash has always been involved in different illegal activities. Back in 2013, he was sentenced to four years in prison when he created the botnet called “Mariposa.” With this botnet, he was able to damage more than one million computers.

Back in December 2017, when the cryptocurrency market was reaching its highest point – Bitcoin hit its all-time high of $20,000 – NiceHash was hacked for 4,700 BTC that were worth 64 million at that time. The Head of Marketing Andrej Škraba said that the attack was conducted with a sophisticated social engineer.

There were other individuals from other countries named in this indictment that was released on Sunday.

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