600 Stolen Bitcoin Miners Lead To Arrests In Iceland In “Big Bitcoin Heist” | CryptoGlobe

The cryptocurrency mining ‘craze’ led to the theft of 600 ‘powerful’ bitcoin miners in the North Atlantic island of Iceland. The machines are valued at nearly $2 million, and authorities have already managed to arrest “some 11 people” in connection to the theft. The miners themselves haven’t been recovered.

According to the New York Times, police say the 600 bitcoin miners were stolen from data centers in the country, in what is being seen as one of the biggest thefts Iceland has ever seen. Local media, according to reports, dubbed it the “Big Bitcoin Heist.”

Authorities have already managed to arrest “some 11 people,” including a security guard. A judge at the Reykjavik District Court ordered two people to remain in custody. Authorities noted that if the 600 miners are used to mine bitcoin they can help those responsible make huge gains, without ever having to sell the machines.

via 600 Stolen Bitcoin Miners Lead To Arrests In Iceland In “Big Bitcoin Heist” | CryptoGlobe

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