U.S. DOJ Charges 2 School Staff For Mining Crypto in School District
Crypto News

U.S. DOJ Charges 2 School Staff For Mining Crypto in School District

9 месяцев назад

The United States Department of Justice (DOJ) has charged two senior staff members of the Patterson Joint Unified School District in California.

U.S. DOJ Charges 2 School Staff For Mining Crypto in School District
The United States Department of Justice (DOJ) has charged two senior staff members of the Patterson Joint Unified School District in California for allegedly operating a cryptocurrency mining operation on the premises of the district's schools. According to the DOJ's statement, Jeffrey Menge, the assistant superintendent and chief business officer, and Eric Drabert, the IT director, worked together to establish a crypto mining farm, utilizing school resources and electricity to generate profits.

The DOJ alleged that Menge and Drabert purchased high-end graphics cards and used them, along with other school district property and electricity, to operate the crypto mining farm. The statement did not specify the number of schools involved in the operation, which comprises 10 schools serving approximately 6,200 students. Additionally, the type of cryptocurrency mined was not disclosed.

Cryptocurrency mining is a process that requires specialized computers to solve complex mathematical problems in order to verify transactions on a blockchain network. This process can be energy-intensive, consuming vast amounts of electricity.

In addition to the crypto mining operation, the DOJ accused Menge of stealing between $1 million and $1.5 million, while Drabert allegedly stole between $250,000 and $300,000. This incident comes amid a broader crackdown on crypto miners by U.S. energy regulators, who are concerned about the industry's energy consumption.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
1 person liked this article