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Riot Games co-founder victim of $5M crypto mining scam

Riot Games co-founder Marc Merrill was reportedly a victim of an extensive cloud crypto mining scam. Merrill’s credit card information was used to buy massive cloud computing power which was then used to mine cryptocurrencies. The cybercriminal behind the scam is said to have racked up over $5 million in cloud computing fees.

The man accused of perpetrating the scam is Matthew Ho, a report by Forbes has revealed. The Singaporean is alleged to have started the scam as far back as November 2014 and was only discovered in January 2018. Ho allegedly used Merrill’s American Express credit card to pay for cloud computing with Amazon and Google multiple times.

It all started with identity theft, with Ho impersonating Merrill, the founder of the company behind the massively popular League of…

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