Title Title
Alleged "Big Bitcoin Heist" mastermind arrested in Amsterdam Alleged "Big Bitcoin Heist" mastermind arrested in Amsterdam
Summary Summary
Sindri Thor Stefansson is suspected of stealing over two million dollars worth of equipment in order to mine BitCoin. Sindri Thor Stefansson is suspected of stealing over two million dollars worth of equipment in order to mine BitCoin.
Highlights Highlights
Content Content
<strong>An Icelandic fugitive accused of stealing computer hardware was arrested in Amsterdam last night.</strong> <strong>An Icelandic fugitive accused of stealing computer hardware was arrested in Amsterdam last night.</strong>
<a href="http://www.bbc.co.uk/news/world-europe-43838582">Sindri Thor Stefansson</a> had been arrested previously in Iceland on <a href="http://www.bbc.co.uk/news/world-europe-43838582">suspicion of masterminding the organized theft of six hundred computers, to be used for the "mining" of cryptocurrency BitCoin,</a> from data centres across the island.  <a href="http://www.bbc.co.uk/news/world-europe-43838582">Sindri Thor Stefansson</a> had been arrested previously in Iceland on <a href="http://www.bbc.co.uk/news/world-europe-43838582">suspicion of masterminding the organized theft of six hundred computers, to be used for the "mining" of cryptocurrency BitCoin.</a>
"Mining" is the method by which <a href="https://www.coindesk.com/information/how-bitcoin-mining-works/">new, unique and single-use units of the cryptocurrency</a> are brought into online circulation. "Mining" is the method by which <a href="https://www.coindesk.com/information/how-bitcoin-mining-works/">new, unique and single-use units of the cryptocurrency</a> are brought into online circulation.
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The computers were stolen in a series of<a href="http://www.bbc.co.uk/news/world-europe-43838582"> four co-ordinated raids this February</a>, which the local Icelandic media dubbed <a href="http://www.bbc.co.uk/news/technology-43288495">"the Big Bitcoin Heist"</a>. In an interview with <em><a href="https://www.thenational.ae/world/europe/hundreds-of-computers-stolen-in-the-big-bitcoin-heist-1.709607">The National</a>, </em>local police comissioner Olafur Kjartansson described it as "a grand theft on a scale unseen before" in Iceland.  The computers were stolen in a series of<a href="http://www.bbc.co.uk/news/world-europe-43838582"> four co-ordinated raids on data centres across southern Iceland this February</a>, which the local Icelandic media dubbed <a href="http://www.bbc.co.uk/news/technology-43288495">"the Big Bitcoin Heist"</a>. In an interview with <em><a href="https://www.thenational.ae/world/europe/hundreds-of-computers-stolen-in-the-big-bitcoin-heist-1.709607">The National</a>, </em>local police comissioner Olafur Kjartansson described it as "a grand theft on a scale unseen before" in Iceland.
The island's cool climate and emphasis<span style="font-family: inherit; font-size: 1.6rem;"> on renewable energy makes it a </span><a style="font-family: inherit; font-size: 1.6rem;" href="http://www.bbc.co.uk/news/world-europe-43838582">desirable location for data </a><a style="font-family: inherit; font-size: 1.6rem;" href="http://www.bbc.co.uk/news/world-europe-43838582">centres. </a>The computers, still missing at the time of writing, <a href="http://www.bbc.co.uk/news/world-europe-43838582">are worth $2 million.</a> The island's cool climate and emphasis<span style="font-family: inherit; font-size: 1.6rem;"> on renewable energy makes it a </span><a style="font-family: inherit; font-size: 1.6rem;" href="http://www.bbc.co.uk/news/world-europe-43838582">desirable location for data </a><a style="font-family: inherit; font-size: 1.6rem;" href="http://www.bbc.co.uk/news/world-europe-43838582">centres. </a>The computers, still missing at the time of writing, <a href="http://www.bbc.co.uk/news/world-europe-43838582">are worth $2 million.</a>
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Stefansson, <a href="http://www.bbc.co.uk/news/world-europe-43838582">one of 11 people arrested in connection with the robberies,</a> was not considered a dangerous inmate, and<a href="http://www.bbc.co.uk/news/world-europe-43838582"> had been transferred</a> to Sogn Prison, a minimum-security facility reportedly with no fences and internet access for inmates, ten days before his escape. Stefansson, <a href="http://www.bbc.co.uk/news/world-europe-43838582">one of 11 people arrested in connection with the robberies,</a> was not considered a dangerous inmate, and<a href="http://www.bbc.co.uk/news/world-europe-43838582"> had been transferred</a> to Sogn Prison, a minimum-security facility reportedly with no fences and internet access for inmates, ten days before his escape.
He escaped <a href="http://www.bbc.co.uk/news/world-europe-43838582">by climbing out of a window</a>,  and <a href="http://www.bbc.co.uk/news/world-europe-43838582">took a taxi 95 kilomteres to Keflavik International Airport,</a> where he <a href="http://www.bbc.co.uk/news/world-europe-43838582">boarded a Sweden-bound plane under a fake name.</a> He escaped <a href="http://www.bbc.co.uk/news/world-europe-43838582">by climbing out of a window</a>,  and <a href="http://www.bbc.co.uk/news/world-europe-43838582">took a taxi 95 kilomteres to Keflavik International Airport,</a> where he <a href="http://www.bbc.co.uk/news/world-europe-43838582">boarded a Sweden-bound plane under a fake name.</a>
On the same flight was Icelandic Prime Minister<a href="https://en.wikipedia.org/wiki/Katr%C3%ADn_Jakobsd%C3%B3ttir"> Katrin Jakobsdottir</a>, on a <a href="http://www.bbc.co.uk/news/world-europe-43799281">diplomatic mission to meet Indian Prime Minister Narendra Modi. </a>She has <a href="http://www.bbc.co.uk/news/world-europe-43799281">so far not commented</a> on his escape. On the same flight was Icelandic Prime Minister<a href="https://en.wikipedia.org/wiki/Katr%C3%ADn_Jakobsd%C3%B3ttir"> Katrin Jakobsdottir</a>, on a <a href="http://www.bbc.co.uk/news/world-europe-43799281">diplomatic mission to meet Indian Prime Minister Narendra Modi. </a>She has <a href="http://www.bbc.co.uk/news/world-europe-43799281">so far not commented</a> on his escape.
Stefansson published a letter from abroad claiming that there was only <a href="http://www.bbc.co.uk/news/world-europe-43838582">'suspicion'</a> linking him to the crime. He also claims that his <a href="http://www.bbc.co.uk/news/world-europe-43838582">custody period in Iceland had expired when he fled the prison, he was told he was free to leave, and that he himself would be "back soon". </a> Stefansson published a letter from abroad claiming that there was only <a href="http://www.bbc.co.uk/news/world-europe-43838582">'suspicion'</a> linking him to the crime. He also claims that his <a href="http://www.bbc.co.uk/news/world-europe-43838582">custody period in Iceland had expired when he fled the prison, he was told he was free to leave, and that he himself would be "back soon". </a>
He was arrested in Amsterdam last night on an international warrant <em>(<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/">Iceland Monitor</a>).</em>  He was subsequently arrested in Amsterdam last night on an international warrant <em>(<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/">Iceland Monitor</a>).</em>
According to the <em>Iceland Monitor, a</em> friend, Hafthor Rogi Hlynsson, had<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/"> posted an Instagram photo with Stefansson in Amsterdam</a> the day of his arrest, with the hashtag #teamsindri. <a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/"> Police have not yet confirmed that his was what led to his capture</a>.  According to the <em>Iceland Monitor, a</em> friend, Hafthor Rogi Hlynsson, had<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/"> posted an Instagram photo with Stefansson in Amsterdam</a> the day of his arrest, with the hashtag #teamsindri. <a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/"> Dutch police have not yet confirmed on whether this was what led to his capture</a>.
<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/stefansson_to_return_to_iceland_within_next_few_day/">According to his lawyer,</a> Stefansson will return to Iceland within the next few days. <a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/stefansson_to_return_to_iceland_within_next_few_day/">According to his lawyer,</a> Stefansson will return to Iceland within the next few days.
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Categories Categories
Cryptocurrencies, Europe, Iceland, Netherlands, Technology, Crime Cryptocurrencies, Europe, Iceland, Netherlands, Technology, Crime
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Bitcoin, Crime, Cryptocurrencies, Iceland Bitcoin, Crime, Cryptocurrencies, Iceland
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