Community Articles

via Cointelegraph · By Cointelegraph Staff

Chinese Man Jailed for 107 Bitcoin Theft After Memorizing Wallet Mnemonic

BTC

BTC/USDT

$63,058.49

+0.00%

$63,058.49

+0.00%

(24s)

24h Volume

$2,454,427,771.73

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,057.37

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,303.26

Resistance 1$63,626.50

Price$63,057.37

Support 1$62,999.35

Support 2$61,868.90

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

Cointelegraph Staff

(11:23 AM UTC)

1 min read

Reviewed byEmily Watson

0 comments

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 →

Live BTC price →More BTC news →

Comments