Community Articles

via Cointelegraph · By Cointelegraph Staff

Chinese Man Jailed for 107 Bitcoin Theft After Memorizing Wallet Mnemonic

BTC

BTC/USDT

$84,066.02
+0.08%
24h Volume

$15,412,654,924.59

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
CS
Cointelegraph Staff
(11:23 AM UTC)
1 min read
EW
Reviewed byEmily Watson

A court in the eastern Chinese city of Qingdao sentenced a man to 10 years and nine months in prison for stealing 107 Bitcoin after memorizing most of a victim’s 12-word wallet seed phrase.

The Licang District People's Court sentenced the perpetrator, identified as Zhang, to prison and fined him 100,000 yuan (about $14,700) after finding he took control of the victim’s wallet and later cashed out…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments