Aussie Fed Cop Accused of Crypto Theft Heist
How Not to Be a Cryptocurrency Cop
The Coin Purloiner Caught in His Trap
* The Australian federal officer finds himself in the crosshairs of the National Anti-corruption Commission for allegedly swiping a treasure chest of 81.62 Bitcoin (BTC) during a search and nab operation.
* The Bitcoins were housed safely in a Trezor hardware wallet onsite that our troubled officer is believed to have picked up, at the time only valued at a mere $309,000. Fast forward to today, and our Bitcoin booty is worth $4.2 million. Talk about picking up a lottery ticket!
* The software that should have facilitated justice made a fool out of our officer on the back end, exposing his actions through transaction tracing. Oops!
* Three weeks was what it took for the authorities to gain permission to decode the wallet. A little late, though, as the Bitcoin swan song had already played – the wallet had been emptied. Sneaky, sneaky.
So there you have it, folks, the wild ride of a cop who turned into a crypto pirate, only to walk the plank, thanks to some nifty software. I mean, talk about poetic justice. Officer, you may have the right to remain silent, but your transfers surely didn’t! Meanwhile, somewhere in the distance, Bitcoin is laughing on its way to the blockchain, singing “Can’t touch this!”.
In our “busted” coins of wisdom, remember to keep your cryptos safe and secure under the digital mattress because you never know when a tech-savvy kleptomaniac may be lurking nearby.
#BitcoinBonanza #BlockchainBlunders #CryptoHeist #CrookedCopCrypto #YouCantHideInBlockchainOriginal article: https://cointelegraph.com/news/australia-police-raid-bitcoin-hardware-wallet-trezor