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Two Teens Steal Nearly a Million in Bitcoin

However, the two teens were caught out and a lawsuit is now pending in connection with the stolen Bitcoin.

Minor, but you can no longer see this as mischief. Two teenagers from the United Kingdom have successfully robbed a man from the US state of Colorado. His digital crypto wallet was hacked and the teens managed to loot almost a million dollars in Bitcoin.

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Because it was stolen from an American, the case is running in the United States. The owner of the digital wallet was tricked by the two teenagers. They managed to hijack a transaction, so that the Bitcoins that were transferred ended up with the boys. The rightful owner of the Bitcoins is said to have spent $10,000 to find out who stole his cryptocurrency. The teens could eventually be identified from the 2018 crime.

The owner had written a letter to the parents asking for the Bitcoin back. However, the parents refused to cooperate and now it has turned into a lawsuit. At the time of the theft, the stolen Bitcoin was worth less than $100,000, but was close to $1 million at the peak of the Bitcoin price. At the time of writing, Bitcoin is worth around $770,000. Ultimately, it is up to the judge whether the man will get his Bitcoins back. (via The Independent)

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