{"id":154649,"date":"2025-08-18T02:54:09","date_gmt":"2025-08-18T02:54:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/154649\/"},"modified":"2025-08-18T02:54:09","modified_gmt":"2025-08-18T02:54:09","slug":"cryptojacker-sentenced-to-1-year-for-3-5m-cloud-computing-fraud-scheme","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/154649\/","title":{"rendered":"Cryptojacker Sentenced to 1 Year for $3.5M Cloud Computing Fraud Scheme"},"content":{"rendered":"<p style=\"margin-top:0;margin-bottom:10px\">&#8211; Charles Parks III was sentenced to 1 year and 1 day for defrauding cloud providers of $3.5M in computing resources used for crypto mining.<\/p>\n<p style=\"margin-top:0;margin-bottom:10px\">&#8211; He created fake LLCs and falsely claimed to build a training firm, while secretly diverting resources to mine $1M in ETH, LTC, and XMR.<\/p>\n<p style=\"margin-top:0;margin-bottom:10px\">&#8211; Parks laundered proceeds via crypto exchanges and NFT platforms, buying luxury items before pleading guilty to wire fraud in December 2024.<\/p>\n<p style=\"margin-top:0;margin-bottom:10px\">&#8211; The court ordered $500K forfeiture and Mercedes-Benz seizure, with restitution pending, as officials condemned his &#8220;lies and theft&#8221; over claimed innovation.<\/p>\n","protected":false},"excerpt":{"rendered":"&#8211; Charles Parks III was sentenced to 1 year and 1 day for defrauding cloud providers of $3.5M&hellip;\n","protected":false},"author":3,"featured_media":59011,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[745,158,67,132,68],"class_list":{"0":"post-154649","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-technology","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115047515028369958","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/154649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=154649"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/154649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/59011"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=154649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=154649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=154649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}