Crypto Influencer Jailed for $3.5M Cryptojacking Fraud

Krutika Adani

$3.5M Crypto Fraud

Charles O. Parks III, also known as “CP3O,” ran a large-scale cryptojacking scheme using cloud providers.

The Sentence

A Brooklyn court gave Parks one year and one day in prison for wire fraud

The Scheme

Parks used fake companies to trick providers, mining $1M in ETH, LTC, and XMR between Jan–Aug 2021.

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