US Prosecutors Charge Singaporean Miner Who Stole $5 Million Worth of AWS Computer Power

Ho Jun Jia, a Singaporean citizen, has recently been indicted by American prosecutors. He is being accused of using stolen IDs to use Amazon Web Services’ cloud products to mine cryptos illegally. He is currently being charged with eight counts of wire fraud, four for fraud to access a device and two of aggravated ID theft.

Unfortunately, impersonation crimes are getting more common now that people are using their identities online more often. This was one of these cases. In order to pull off his crime, Ho Jun Jia impersonated a game developer called Matthew Ho and stole his identity.

After that, he used social engineering to take his account, get admin privileges over it and then mine the tokens illegally using the cloud services.

According to the prosecutors, the Singaporean criminal mined Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). The indictment affirms that the man stole around $5 million USD worth of mining power. At some point, he even became the largest customer of Amazon’s service.

The scheme was only active for a few months, but Ho consumed a lot of unpaid cloud computing services. Some of his bills were even paid by the victim before the scam was discovered. The criminal also stole two more identities, one from a Texas citizen and another from an Indian businessman. He also used them to steal computing energy from AWS and Google Cloud.

He was arrested a few weeks ago and will be prosecuted now. If he is deemed guilty, there is a chance that he may be extradited back to Singapore.

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Silvia A
Silvia A
Though relatively new to the cryptocurrency and blockchain space, Silvia has a strong interest in the field and a love of writing as well. She brings an interesting take to current happenings in the industry and enjoys introducing the latest developments to cryptocurrency and blockchain enthusiasts alike. She’s excited to promote a vibrant and fresh discussion as the industry continues to develop and move forward.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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