Tech Talk: Bitcoin Heist

(Mike Shelton) #1

With Bitcoin and other Digital (Crypto) Currencies exploding these days it can be very tempting for people to want to get there hands on these coins any way possible. Shaun W. Bridges and his partner in crime stole 1,600 Bitcoin at the time valued nearly $359,005 and today would be worth around $6,388,520. According to his guilty plea, in this case, Bridges said it used a private key to access a digital wallet belonging to the Secret Service account, and subsequently transferred the bitcoins to “other digital wallets at other Bitcoin exchanges to which only he had access.”

What do you guys think about this, What should his sentence be?