This Illegal $14 Million Crypto Racket Hijacked Chinese Internet Cafes

Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) in cryptocurrency.

The operation involved the bribery of over 9,000 internet cafe administrators who infected their systems with a Trojan allowing the remote operation of their cafes’ computers.

A Crypto Mining Trojan and the Perfect Victim

According to Chinese media outlet, CCTV, the Shigu Branch of the Hengyang Municipal Public Security Bureau of Henan Province received a tip during late 2018 informing them that the hardware numerous local cafes had been hijacked to mine cryptocurrency.

Read More at CCN...

#China #Hacked #Crypto

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