Employee of Beijing company stole 100 BTC from his employer.

An employee of the Beijing company was arrested after allegedly discovering a failed attempt to break into his organization and took advantage of the situation to steal the bitcoins from his employer. The company name is not specified. 90% of the funds were eventually returned, but he can still be sentenced to imprisonment soon to 7 years.

Zhong Mo allegedly stole 100 BTC from his employer. Recently, the police in Beijing's Haidian District confirmed his arrest. The accused was an operation and maintenance engineer. It is alleged that during the regular maintenance of the company's server, he found that someone was trying to steal the crypto currency by hacking, but failed.

After troubleshooting, the engineer used the administrator's login to log on to the server and inserted a hacker code snippet to transfer 100 bitcoins from the company's repository to his own wallet, registered outside of China. He also tried to erase the tracks of his actions in order to avoid persecution.

Having lost 10 BTC on the phishing site, the unlucky thief, apparently, was scared and returned the remaining 90 bitcoins of the company. At the exchange rate for that time - September 16, 2017, the cost of coins was approximately 380 000 dollars. Local media claim that this is the first case of the theft of bitcoins, investigated by the police of Beijing.

The prosecutor in this case stated that in accordance with the Criminal Code of China, the accused can be sentenced to imprisonment for up to three years, but if serious details of the case come up, he can get up to seven years in prison, and a fine.