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Greek Hackers steal emissions rights & trade them for EUR 28 million
Posted by keeptalkinggreece in Tech
Greek hackers apparently made the big scoop and earned 28 million euros through emissions trading.
According to Patras portal dete.gr, the unknown hackers knacked the registration codes of Greece, Australia and the Czech Republic, stole their emissions rights and they sold them in the European Emissions Trading market. They earned no less than 28 million euros.
The hackers have reportedly used several computers, among them one located at the University of Patras, Department of Electric and Computer Engineering. The hard disk of the pc is under scrutiny by the Electronic Crime Units of the Greek Police.
Emissions Trading (also known as cap and trade) is a market that provides economic incentives to countries in order to achieve a global reduction in the emission of pollutants. Countries have the possibilities to sell or buy their rights against money.
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