A 17-year-old boy in Tampa, Florida, U.S., is arrested and charged for his role in the Twitter bitcoin hack earlier this month. Two others, a man in Orlando, Florida and a man in the United Kingdom, were also charged.
Florida citrus department's head of IT arrested for using all the govt. agency's resources to mine for bitcoin
This is the best tl;dr I could make, original reduced by 32%. (I'm a bot)
TAMPA A Department of Citrus employee was arrested after he used state computers to produce virtual currency for himself, according to the Florida Department of Law Enforcement. Matthew McDermott, 51, of Davenport was the information technology manager for the Florida Department of Citrus, the agency that oversees the states citrus industry. According to FDLE agents, he used several computers in the Department of Citrus to mine for virtual currency, which include bitcoin and litecoin. "A mining pool, or team, is used to solve mathematical equations in an effort to mine the virtual currency and win a reward," the FDLE said. Mining for cryptocurrency requires extensive computing power. Utility bills for the department jumped by more than 40 percent between October 2017 and January 2017, at a cost of about $825, according to the inspector general for the citrus agency.
On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised ... Unlike those events, however, the arrests out of Florida involve action being taken on a state level, and not federally, for the first time ever. “The biggest problem that bitcoin faces is actually self-imposed, because it’s always hard to buy bitcoins,” Weaver said. A Florida teenager is in jail for pulling the notorious 'Bit-Con' hack that took over high-level blue checkmark accounts and was designed to steal money via Bitcoin. Cops allege the 17 year old was able to collect $100,000 in Bitcoin while the hack operation was being conducted. The hacker was able to gain control of Two South Florida men were arrested last week on what a local prosecutor said may be the first state law charges over the use of Bitcoin virtual currency as part of an alleged money laundering scheme. A state employee at Florida's Department of Citrus has been arrested for allegedly using official computers to mine bitcoin and litecoin.
Tech Scammer Steals From My Fake Bank Account - YouTube
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