One male from New Jersey recently admitted stealing cryptocurrency that was worth almost $2 million dollars using the most old-fashioned way – kidnapping people and issuing threats of violence.
Louis Mezza confessed in the Manhattan Supreme Court. He said that he kidnapped an unnamed friend and stole his Ether cryptocurrency holdings worth $1.8 million. Meza also admitted second-degree kidnapping and first-degree grand larceny. His sentencing is scheduled at the end of the month and the 35-year old mastermind is now expected to spend 10 years behind bars as well as 5 years of post-release supervision.
As the New York Post reported:
“Louis Meza orchestrated a 21st-century stick-up. Then 21st-century investigators brought him swiftly to justice, securing a landmark conviction in an undeveloped area of the law,”
However, Meza was not the sole mastermind of this heist. He was assisted by three co-defendants who all helped in the kidnapping of his friend’s cryptocurrency holdings.
Aside from the time that he will serve, Meza will also forfeit 84 Bitcoins and 269,000 SALT lending tokens.
South Korea: Five Arrested In A New Crypto Mining Malware Case Involving 6,000+ PCs
“Because cyber security firms and anti-virus software operators responded quickly to the distribution of mining malware, the group of hackers were not able to generate a significant revenue from their operation. In most cases, anti-virus software detected the malware within three to seven days. If the malware was detected, the hackers sent new malware, but it was detected again by anti-virus software,”Carried into over 6,000 actively used computers, the operation managed to only generate $1,000 in profit in total.
[UPDATED] Crypto Pioneer Charlie Shrem Fights Back The Accusations Of Stealing 5,000 Bitcoins
“Nor can WCF prove Shrem engaged in any misconduct. He did not. Shrem can show by verifiable evidence that he did not take the 5,000 bitcoins WCF accuses him of taking and that they belonged to Mr. X. Shrem, therefore, did not breach any duty to WCF, even if one were found to exist.”Both sides are going to meet in court tomorrow Nov. 8.
Fake Elon Musk Twitter Accounts Promote Bitcoin Scams, One Got Away With $170k
Scandal In Bulgaria: Officials Arrested For Selling Passports In Exchange For Bitcoin
“Peter Haralampiev, Krasimir Tomov, and Mark Stoyov have been arrested for fraud with the issuance of Bulgarian passports to Ukrainian, Moldovan and Macedonian citizens.”The lawyers of the accused officials denied that their clients had anything to do with this fraud but the Prosecutor General, however, demands that the lawyers must provide evidence in order to prove that isn’t the case. The lawyers on the other hand, still haven’t provided the court with reliable evidence. Some people even expected a resignation from the Vice Prime Minister of Bulgaria Valeri Simeonov because of the level of corruption in the agency but he clearly noted that he doesn’t have such intentions. Despite the government officials involved in such criminal activities, 20 other people were detained in Bulgaria for selling passports to citizens in Ukraine, Moldova, and Macedonia while receiving more than $5,000 for a single document. Since Bulgaria is a member of the European Union, the passport allows people to live, travel and work easily in any other EU country without any restrictions unlike the citizens from the above-mentioned countries.
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