Charles Parks III, a known crypto influencer, was sentenced to one year in prison for orchestrating a $3.5 million cryptojacking operation. The scheme involved illegally mining cryptocurrency using victims’ devices without consent, resulting in Parks netting around $1 million in profits. This case highlights the serious consequences of cybercrime in the crypto space and serves as a warning to those engaging in illegal activities online.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
One of the more overlooked sectors within the cryptocurrency industry is Payment Finance (PayFi), which…
The arrival of XRP spot ETFs has revived an important question: did institutional demand push…
Crypto markets remain volatile, with Bitcoin hovering around $94K and Ethereum at $3,140. Over the…
Bitcoin has been stuck below $100,000. Traders are scratching their heads. Analysts are split. And…
Coinlocally, a global digital asset trading platform, has introduced a zero-fee trading model across its…
Crypto markets are regaining strength as investor confidence surges ahead of 2025, and XRP is…
