American prosecutors have indicted a person from Singapore for using stolen identities to illegally utilize Amazon internet services’ cloud computing vigor for crypto mining.

Consistent with the indictment filed on Oct. 1, Ho Jun Jia was charged with eight counts of wire fraud, 4 counts of entry gadget fraud and two counts of aggravated identification theft.

Impersonating a recreation developer
The file states that, from October 2017 to February 2018, Ho Jun Jia — additionally identified under the aliases Matthew Ho, Prefinity and Ethereum seller — has stolen several identities and accounts, together with from an unnamed l. A.-based game developer.

Ho then used social engineering to gain access to admin privileges and big quantities of cloud computing power on Amazon net offerings (AWS). The prosecutors claim that he used illegally accessed digital machines to mine cryptocurrencies reminiscent of Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).

Over $5 million worth of computing vigor
consistent with the indictment, the complete worth of computing services used by Ho amounted to over $5 million. The prosecutors also allege that at some factor he even grew to be the biggest AWS knowledge purchaser, adding:

“within the few months his scheme remained energetic, Ho consumed greater than $5 million in unpaid cloud computing services together with his mining operation and, for a short period, was one of Amazon net services (AWS) largest purchasers of information utilization by quantity. One of the crucial bills were paid via the California recreation developer’s economic employees earlier than the fraud was detected.”

The prosecutors claim that Ho additionally stole identities from a man in Texas and an Indian industry proprietor, likewise making use of them to order digital machines on AWS and Google Cloud.

Police arrested Ho in late September. When the case goes to trial, he might face charges within the Seattle Western District court docket if extradited — which is viable due to an extradition treaty between the U.S. And Singapore.

As Cointelegraph stated on Oct. 3, cryptocurrency exchange HitBTC has denied allegations that it iced over Brazillian funding startup Atlas Quantum’s funds, claiming the proof used to be cast.