Home Litecoin $14 Million Crypto Mining Trojan Hijacked Chinese Internet Cafes

$14 Million Crypto Mining Trojan Hijacked Chinese Internet Cafes

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Fifteen Chinese people have reportedly been arrested for his or her involvement in an unlawful cryptocurrency mining operation that hijacked the bandwidth of scores of web cafes to mine roughly 100 million yuan (almost $14 million) in cryptocurrency.

The operation concerned the bribery of over 9,00zero web cafe directors who contaminated their programs with a Trojan permitting the distant operation of their cafes’ computer systems.

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 obtained a tip throughout late 2018 informing them that the {hardware} quite a few native cafes had been hijacked to mine cryptocurrency.

Crypto, crypto mining
China continues to be a hotbed for crypto mining hotspot regardless of a complete crackdown in opposition to the trade.. | Source: Photo by Lars Hagberg / AFP

The deputy head of the Netan Brigade of Hengyan’s Public Security Bureau, Liu Hui, instructed CCTV {that a} preliminary investigation discovered that many native web cafes had been contaminated with a trojan program permitting the cafes’ computer systems to be operated remotely. Authorities had been additionally capable of verify that the malicious applications had been developed by a community expertise firm based mostly in Henan Province’s capital of Zhengzhou headed by a person named Zhang.

$3 Million in Bribes

Despite promoting as specializing in value-added companies, the expertise firm was discovered to additionally function a cryptocurrency mining enterprise – with the enterprise privately recommending their mining companies to corporations and employees specializing in web cafe administration companies.

Further investigations revealed that between June 2017 and July 2019, Zhang used bribery to assemble a community of over 9,00zero community technicians who had contaminated the programs of native cafes with the crypto mining trojan permitting him to hijack their computational assets to remotely mine cryptocurrency.

Each month, Zhang paid commissions to roughly 2,00zero directors in trade or facilitating the unauthorized mining, with Zhang paying out roughly 20 million yuan ($2.79 million) value of commissions in whole.

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