In the US state of Virginia, two people were arrested – they were going to break into the house of an investor to force him to reveal the password to a wallet with tens of millions of dollars in BTC.
Prosecutors found that Dominic Pineda and Shon Morgan intended to carry out their plan as early as May 2020. They were going to break into the victim’s house at night and gain access to a cryptocurrency wallet. Pineda and Morgan are accused of robbery plans and now face up to 20 years in prison.
“The indictment alleges that the defendants planned to break into a home and force residents to provide the key to a cryptocurrency wallet that they believed held tens of millions of dollars in bitcoin,” U.S. Attorney Damian Williams said in a statement.
A British court recently sentenced a Yorkshire resident to nine years in prison after seizing $6.7 million in cryptocurrencies and $1.4 million worth of drugs.
Source: Bits
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
