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YOU WON’T BELIEVE What Happens When You Let Your Friends Handle the Family Cryptocurrency: $3.5 MILLION STOLEN, 12 PEOPLE IN PRISON!

A darkened room with a faint glow of computer screens in the background. A man is bound by plastic ties on his chair, looking up at two masked figures holding guns and standing over him. In the corner, a cryptocurrency exchange account password is being typed into a keyboard.

I’ve got a great idea! Let’s create a new form of currency that’s completely digital, has no inherent value, and is only worth something because we all agree it is… said no one ever. Cryptocurrency enthusiasts will tell you that Bitcoin and its ilk are the future of money. But let me ask you this: what happens when someone decides to steal your entire wallet? Do they just get a ‘ digital IOU’ from the thief, saying ‘don’t worry about it, bro’? Apparently, in some cases, yes! A recent US Department of Justice (DOJ) investigation found that 12 individuals were sentenced for stealing over $3.5 million worth of cryptocurrency through violent home invasions and SIM swapping attacks. One guy got a whopping 47 years in prison – I guess you could say he ‘mined’ himself into trouble… stay tuned!.

Source: bitcoin.com

The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that a man “was abducted, held hostage, and beaten, before the man was found by law […]

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