A Hacker Steals 30m $ In Bitcoin

in #hack7 years ago

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A man was arrested for theft in Pennsylvania, a self-described computer hacker is claiming he stole $34 million in bitcoin, public records show. According to a criminal complaint filed in an Eastern District of Pennsylvania Federal Court, the man, named Theodore Price, had been apprehended for stealing two laptops and a gold necklace.While the story may not seem like much at first, it's during the subsequent investigation where things got interesting. Price eventually told law enforcement officials he had stolen the sizable bitcoin stash.Police first discovered Price had been using the Tor network to make purchases on Alpha Bay, the darknet market that was recently shut down. Later, he admitted he bought software on Alpha Bay and recoded it himself to "simulate the same coding that blockchain uses to make bitcoin wallets," the document reads. He then allegedly hacked into computers to divert funds to the wallets that he generated. Price claimed he went so far as to try and launder the bitcoins to another address in order to exchange them into fiat currency.However, it has yet to be confirmed whether the claim is true. In addition, without the private keys, it remains unclear if Price even has access to the wallets.In a novel twist to the story, Price further told the police that before the arrest he was planning to flee to the U.K. using a fake passport under the name Jeremy Renner the actor best known for his role in "The Avengers" and "The Hurt Locker."
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Do the cops have jurisdiction in crypto matters?

what i thought but apparently it does

I love cryptos, but it is yet very risk to store large amounts of money as cryptocurrency. I hope someday that will change and it will be as secure as a bank account.

To make money you have to risk money just imagine how rich rn are the people who invested in bitcoin when it first started

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