Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed.

The news by local outlet Legal Network puts another dent in the Chinese cryptocurrency market, which is suffering from news of new frauds and hacks occurring this year.

The news outlet reveals that the attackers used a mining and mining monitoring program. The software was installed on the victims’ computers using ads and plug-ins. The monitoring program was used to look for CPU and GPU utilization below 50%. If the utilization was low, the mining program would be triggered, and it would work silently in the background.

During the two years of operation, the hackers mined over 26 million DGB coins, DCR coins, and SC coins, making profits of over 15 million yuan (over $2 million).

Weifang City’s Public Security Bureau received a report from Tencent Keeper Program security team related to a game plug-in containing a trojan horse program in January 2018. The malicious program was used for illegal crypto mining.

Police investigators reacted quickly and found that the developers of this program could be in Qingzhou. They informed the Qingzhou Municipal Public Security Bureau, who created a task force to investigate the case further.

The task force found that a few forums were being used to exchange the game plug-in. The activity was led by Yang Mobao (or Moubao), who was arrested and subsequently confessed his crime. However, he was not the only culprit in this case. Later investigations revealed the name of Dalian Yuping Network Technology Co. Ltd., which was leading this act behind the scenes.

The police advised users to avoid visiting illegal websites and clicking on links. They have also advised using antivirus software to reduce the chances of illegal mining through their computers.

Over a Million Computers Fall Prey to Crypto Mining Attack was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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