Crypto thieves give away cars after stealing too much bitcoin
Police say the gang had more money than it could spend after it exploited a loophole in an Australian exchange to steal £22M in bitcoin.
Cryptocurrency news by Protos · Protos
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Show Notes
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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