The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance.
The National Anti-Corruption Commission (NACC) of Australia has accused a federal police officer of wiping a Trezor hardware wallet containing 81.62 Bitcoin (BTC ) at a crime scene. The authorities relied on crypto tracing software to allege that he transferred the Bitcoins into his own possession.
According to a recent report , the Australian police found the hardware wallet during a drug raid at a residence but waited about three weeks to obtain court permission to access it. However, upon accessing the wallet, there were no Bitcoins at all, as federal agent William Wheatley allegedly transferred them out shortly after the raid.
The hardware wallet allegedly had 81.62 Bitcoin, valued at $309,000 at the time of the raid in 2019. However, at the time of publication, it is worth approximately $4.2 million USD.
Read more,# Aussie Cop in Bitcoin Heist? 🚨💰
## Key Points:
– **Accusations Fly**: Oz federal cop William Wheatley is in hot water over claims he swiped 81.62 BTC (worth about $4.2 million now) from a crime scene.
– **Hardware Heist**: The loot was stored on a Trezor wallet found during a drug raid, making it the “greatest catch missed” since the fishing trip where all the fish were photoshopped.
– **Timing is Everything**: Authorities took three weeks to get the green light to access the wallet, leading to speculation that Wheatley had enough time to transfer the coins and head off to Bali instead.
– **Tech Twist**: Crypto tracing detectives used fancy software to trace the stolen coinage, proving that even in crime, you can’t hide from high tech!
### Hot Take
Looks like the only thing Wheatley was raiding was his own “crypto portfolio”! Maybe next time, he could consider investing in an undercover life instead of an underground wallet. Hey, if you’re going to commit a crime, at least have the decency to do it on the blockchain! 🚀🔍 #CryptoCrimes #BitcoinBusted #OzPoliceJustice
Disclaimer. The opinions expressed by our writers are their own and do not represent the views of JustInvestNews. The financial and market information provided on JustInvestNews is intended for informational purposes only. JustInvestNews is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. All image have a copyright
Original article: https://cointelegraph.com/news/australia-police-raid-bitcoin-hardware-wallet-trezor