Judgment on the encryption effect on the encryption scheme star-news.press/wp

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Julia Smith

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Julia Smith

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Extremely experienced Julia with a passion for covering a wide range of rhythms. She loves all political things and regularly covers organizational updates about the emerging technology here for encryption news.

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Last update:

August 18, 2025

A new press release issued by the US Department of Justice says that the effects of Charles Parks encryption were sentenced to the alleged “Millions of the Curvement”.

Charles Parks gets one year in prison for the encryption plan

Charles O. Parks III, known as “CP3O”, was sentenced to one year in prison, and one day behind bars in the Brooklyn Federal Court to steal two known services for the cloud holder in an attempt to purchase digital assets illegally, According to the press statement August 15.

The press statement clarifies the practice of encryption as “unauthorized use or kidnapping the resources of the other party, such as electricity, devices, or computer capacity on the mine currency.”

The Ministry of Justice claims that the gardens were stolen at a value of $ 3.5 million of computing and storage, in addition to digital assets worth a million dollars, between January and August 2021.

“After converting the illegal cryptocurrency into dollars, the parks used the revenues to make exorbitant purchases, including Mercedes-Benz, jewelry, first-class hotel rooms, and travel expenses.”

Cryptojacking lived a luxury life

Parks also used the huge Blockchain chart as a way to promote himself as a successful encoding influencer, and sharing tips about his YouTube channel about what he called a “Millionaire Mental Mentality”.

“Charles Parks III stole more than $ 3.5 million of resources to raise another million people in the encrypted currency of luxury purchases,” said the FBI director of the FBI. “While the gardens are roaming through social media platforms, he failed to mention his alleged success in deception and theft.”

“Charles Parks manipulates technology, stole millions of computer resources, and illegally encrypted currencies – and the referee today is responsible for his deceptive actions,” the NYPD TISCH Commissioner.