Chinese Man Jailed for 107 Bitcoin Theft After Memorizing Wallet Mnemonic
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...
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