Group of Chinese hackers illegally mined Siacoin worth $800,000 in total

Posted 19 June, 2018

Chinese police reportedly arrested a group of hackers that are said to generate $800,000 in terms of Siacoin via illegal mining.

As reported the media, the law enforcement bodies arrested 16 persons that are suspected of hacking more than 100,000 computers of internet cafes from 30 cities in China beginning from last July.

The hackers have received CNY 5 million ($800,000) in total over the period under review.

Specifically, the group of suspects are said to create a rogue program to infect computers for mining Siacoin. After that, this program was sold to PC maintenance companies, which actually installed it on the computers at internet cafes during the revisions.

According to the report, all the money from this "business" including mining and selling coins, might be distributed among all the members of the group along with their accomplices.

The first suspicion of the illegal mining appeared last July when employees at  Rui'An cafe paid attention to the low performance of their computers. 

"Meanwhile, the utility bills of the affected internet cafes in Rui'An also went up significantly during that period," the report said.

Eventually, the police arrested CEO of the PC maintenance company and managed to get information about the group. The investigation remains in progress, as for now, the malware has already infected some 30 cities.

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