News for hackers. Stuff that matters.
Re:Engineer gets 9 years in prison after stealing $10M of BT... by beojan on Tuesday November 10, 2020 @01:03PM (#25048928)
He didn't steal bitcoin, he stole giftcards (/ codes) and tried to use bitcoin to launder the proceeds. Evidently it didn't work.
Re:Engineer gets 9 years in prison after stealing $10M of BT... by ore0s on Tuesday November 10, 2020 @01:15PM (#25049105)
He was also ordered to pay back 8.3M - but when is restitution paid back? If he waits until he gets out to cash out, he could be hugely in the green 9 years later.
Re:Engineer gets 9 years in prison after stealing $10M of BT... by MiddleEndian on Tuesday November 10, 2020 @05:27PM (#25052913)
>If he waits until he gets out to cash out, he could be hugely in the green 9 years later.

This could be a good general strategy for people going to prison. Say you have $10,000 and you're going to be locked up for ten years. May as well convert it to bitcoin and hope it multiplies by ten again by the time you get out.