FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison – Regulation Bitcoin News


The Federal Bureau of Investigation (FBI) has arrested two males who participated “in a violent plan to interrupt right into a household’s dwelling in the midst of the night time” to steal bitcoin price tens of thousands and thousands of {dollars},” in line with the U.S. Division of Justice. They might go to jail for 20 years.

2 Males Charged for Planning to Steal Bitcoin

The U.S. Division of Justice (DOJ) introduced Friday the unsealing of an indictment charging Dominic Pineda and Shon Morgan with a “plan to commit dwelling invasion theft for tens of thousands and thousands of {dollars} in bitcoin.”

The Federal Bureau of Investigation (FBI) arrested the 2 on Thursday in Virginia.

U.S. Lawyer Damian Williams detailed:

The defendants participated in a violent plan to interrupt right into a household’s dwelling in the midst of the night time and pressure its residents to offer the code to what the defendants believed was tens of thousands and thousands of {dollars} in bitcoin foreign money.

Based on the courtroom doc, the defendants participated within the plan from Might 18 to Might 24, 2020, “to interrupt into a house in Irvington, New York and rob its residents of money and cryptocurrency.”

Across the time of the deliberate dwelling invasion, bitcoin was buying and selling at about $10,000 per coin. BTC peaked at an all-time excessive worth of $68,892 in November 2021. It has since dropped in worth and is at present buying and selling at $20,892.

The Justice Division described:

Pineda, 21, of Manassas, Virginia, and Morgan, 21, of Centreville, Virginia, are every charged with conspiracy to commit Hobbs Act theft, in violation of 18 U.S.C. § 1951, which carries a most time period of 20 years in jail.

The Hobbs Act defines theft as unlawfully taking one other individual’s property “via precise or threatened pressure.”

What do you concentrate on this case? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss prompted or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

Extra Standard Information

In Case You Missed It



Source link

Comments are closed.

bitcoin
Bitcoin (BTC) $ 23,442.28
ethereum
Ethereum (ETH) $ 1,723.42
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 319.46
xrp
XRP (XRP) $ 0.372140
binance-usd
Binance USD (BUSD) $ 0.999866
cardano
Cardano (ADA) $ 0.522732
solana
Solana (SOL) $ 41.35
polkadot
Polkadot (DOT) $ 8.97
dogecoin
Dogecoin (DOGE) $ 0.071581
avalanche-2
Avalanche (AVAX) $ 27.54
staked-ether
Lido Staked Ether (STETH) $ 1,676.14
shiba-inu
Shiba Inu (SHIB) $ 0.000012
dai
Dai (DAI) $ 1.00
matic-network
Polygon (MATIC) $ 0.906532
tron
TRON (TRX) $ 0.069712
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 23,467.29
ethereum-classic
Ethereum Classic (ETC) $ 36.57
okb
OKB (OKB) $ 18.09
leo-token
LEO Token (LEO) $ 4.80
litecoin
Litecoin (LTC) $ 60.76
ftx-token
FTX (FTT) $ 30.58
near
NEAR Protocol (NEAR) $ 5.34
uniswap
Uniswap (UNI) $ 8.52
chainlink
Chainlink (LINK) $ 8.53
crypto-com-chain
Cronos (CRO) $ 0.147587
cosmos
Cosmos Hub (ATOM) $ 11.58
stellar
Stellar (XLM) $ 0.125008
flow
Flow (FLOW) $ 2.94
monero
Monero (XMR) $ 163.12
bitcoin-cash
Bitcoin Cash (BCH) $ 138.49
algorand
Algorand (ALGO) $ 0.354922
vechain
VeChain (VET) $ 0.030871
apecoin
ApeCoin (APE) $ 7.08
filecoin
Filecoin (FIL) $ 8.38
internet-computer
Internet Computer (ICP) $ 7.92
decentraland
Decentraland (MANA) $ 1.06
chain-2
Chain (XCN) $ 0.088537
hedera-hashgraph
Hedera (HBAR) $ 0.078283
the-sandbox
The Sandbox (SAND) $ 1.32
tezos
Tezos (XTZ) $ 1.84
quant-network
Quant (QNT) $ 120.69
axie-infinity
Axie Infinity (AXS) $ 18.04
theta-token
Theta Network (THETA) $ 1.57
elrond-erd-2
Elrond (EGLD) $ 63.30
frax
Frax (FRAX) $ 0.993549
aave
Aave (AAVE) $ 100.05
eos
EOS (EOS) $ 1.22
true-usd
TrueUSD (TUSD) $ 1.00
Shares