• Revision ID 67469 PUBLISHED
  • 2018-04-24 15:23:56
  • by Deleted User (talk | contribs)
  • Note: bitcoin, not BitCoin; single quotes in headline
 
   
Title Title
Alleged 'Big Bitcoin Heist' mastermind arrested in Amsterdam Alleged 'Big Bitcoin Heist' mastermind arrested in Amsterdam
Summary Summary
Sindri Thor Stefansson, who had escaped prison in Iceland, is suspected of stealing two million dollars' worth of equipment. Sindri Thor Stefansson, who had escaped prison in Iceland, is suspected of stealing two million dollars' worth of equipment.
Highlights Highlights
Content Content
<strong>Amsterdam police have arrested an Icelandic fugitive accused of orchestrating a large-scale computer heist to mine bitcoins.</strong> <strong>Amsterdam police have arrested an Icelandic fugitive accused of orchestrating a large-scale computer heist to mine bitcoins.</strong>
<a href="http://www.bbc.co.uk/news/world-europe-43838582">Sindri Thor Stefansson</a> was previously arrested in Iceland <a href="http://www.bbc.co.uk/news/world-europe-43838582">on suspicion of</a> masterminding the theft of six hundred computers. <a href="http://www.bbc.co.uk/news/world-europe-43838582">Sindri Thor Stefansson</a> was previously arrested in Iceland <a href="http://www.bbc.co.uk/news/world-europe-43838582">on suspicion of</a> masterminding the theft of six hundred computers.
The computers were stolen in a series of four raids on data centres across the southern part of the country in February, which local media dubbed <a href="http://www.bbc.co.uk/news/technology-43288495">"the Big Bitcoin Heist"</a>. The hardware, still missing at the time of writing, <a href="http://www.bbc.co.uk/news/world-europe-43838582">are worth $2 million.</a> The computers were stolen in a series of four raids on data centres across the southern part of the country in February, which local media dubbed <a href="http://www.bbc.co.uk/news/technology-43288495">"the Big Bitcoin Heist"</a>. The hardware, still missing at the time of writing, <a href="http://www.bbc.co.uk/news/world-europe-43838582">are worth $2 million.</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 Associated Press</a>, </em>local police commissioner Olafur Kjartansson described the raid as "a grand theft on a scale unseen before" in Iceland. 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 Associated Press</a>, </em>local police commissioner Olafur Kjartansson described the raid as "a grand theft on a scale unseen before" in Iceland.
"Mining" is <a href="https://www.coindesk.com/information/how-bitcoin-mining-works/">the method by which</a> new, unique and single-use units of the cryptocurrency are brought into online circulation. "Mining" is <a href="https://www.coindesk.com/information/how-bitcoin-mining-works/">the method by which</a> new, unique and single-use units of the cryptocurrency are brought into online circulation.
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Stefansson was <a href="http://www.bbc.co.uk/news/world-europe-43838582">one of 11 people arrested</a> in connection with the thefts after HS Orka, an energy company, said it was seeing an "exponential" rise in the amount of energy being used in data centers to mine and verify crypto-currency transactions. Stefansson was <a href="http://www.bbc.co.uk/news/world-europe-43838582">one of 11 people arrested</a> in connection with the thefts after HS Orka, an energy company, said it was seeing an "exponential" rise in the amount of energy being used in data centers to mine and verify crypto-currency transactions.
Stefansson, who was not considered a dangerous inmate, was transferred to a a minimum-security facility called Sogn Prison. He escaped ten days after his arrival by climbing out of a window. According to local media, Stefansson took a taxi to Keflavik International Airport, where he boarded a Sweden-bound plane under an assumed name. Stefansson, who was not considered a dangerous inmate, was transferred to a a minimum-security facility called Sogn Prison. He escaped ten days after his arrival by climbing out of a window. According to local media, Stefansson took a taxi to Keflavik International Airport, where he boarded a Sweden-bound plane under an assumed name.
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Icelandic Prime Minister<a href="https://en.wikipedia.org/wiki/Katr%C3%ADn_Jakobsd%C3%B3ttir"> Katrin Jakobsdottir</a> was on the same flight, on a <a href="http://www.bbc.co.uk/news/world-europe-43799281">diplomatic mission</a> to Sweden where she met with Indian Prime Minister Narendra Modi. She has <a href="http://www.bbc.co.uk/news/world-europe-43799281">not commented</a> on Stefansson's escape. Icelandic Prime Minister<a href="https://en.wikipedia.org/wiki/Katr%C3%ADn_Jakobsd%C3%B3ttir"> Katrin Jakobsdottir</a> was on the same flight, on a <a href="http://www.bbc.co.uk/news/world-europe-43799281">diplomatic mission</a> to Sweden where she met with Indian Prime Minister Narendra Modi. She has <a href="http://www.bbc.co.uk/news/world-europe-43799281">not commented</a> on Stefansson's escape.
Stefansson was arrested in Amsterdam on an international warrant, five days after fleeing Iceland <em>(<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/">Iceland Monitor</a>).</em> Stefansson was arrested in Amsterdam on an international warrant, five days after fleeing Iceland <em>(<a href="https://icelandmonitor.mbl.is/news/news/2018/04/23/escaped_bitcoin_heist_prisoner_arrested_in_amsterda/">Iceland Monitor</a>).</em>
<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> he will return to Iceland to face trial 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> he will return to Iceland to face trial within the next few days.
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Categories Categories
Crime Cryptocurrencies, Europe, Iceland, Netherlands, Technology, Crime
Article type Article type
report report
Tags Tags
  Bitcoin, Crime, Cryptocurrencies, Iceland
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Has hero Has hero
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full full
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Sources Sources
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