Orr man pleads guilty to ‘cryptojacking’ scheme – Duluth News Tribune https://www.byteseu.com/884849/ #AmazonWebServices #bitcoin #Coinbase #Crypto #CryptoCurrency #Cybercrime #DigitalRiver #Ethereum #FBI #Fraud #JerryBlackwell #JoshuaArmbrust
Bytes Europe · Orr man pleads guilty to 'cryptojacking' scheme – Duluth News TribuneST. PAUL — A northern Minnesota man admitted Tuesday to a “cryptojacking” scheme that cost his former employer more than $45,000.Joshua Paul Armbrust, 44, of Orr, pleaded guilty to a charge of computer fraud at a hearing in U.S. District Court. Armbrust was employed by Digital River, a Minnetonka-based global e-commerce and payment processing company, until his resignation in February 2020. However, he reportedly continued to use their resources for personal gain for more than a year after his departure.Cryptojacking is a form of cybercrime where an unauthorized party uses someone else's computing resources to mine cryptocurrency, such as Bitcoin