Cryptocurrency news by Protos

Crypto thieves give away cars after stealing too much bitcoin


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Criminals behind a UK-based bitcoin scam bribed authorities, bought luxury properties with suitcases full of cash, and handed out thousands of pounds to people in the street after making “more money than they could spend.”


The gang was jailed this week for between six years and 18 months after exploiting a loophole in an Australian crypto exchange to steal $26.9 million in bitcoin. However, before they were arrested, they enjoyed extremely lavish lifestyles thanks to the ill-gotten crypto. Police reportedly recovered 445 bitcoin, luxury watches, cars, property, designer goods, and a £600 wine cooler.



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Cryptocurrency news by ProtosBy Protos