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Topic: [2016-05-31] Penalty documents filed in U.S. in 2013 bitcoin theft (Read 278 times)

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Forfeiture documents of two Florida men, who were involved in the theft of 5,400 bitcoins from illegal online drug sales site Sheep Marketplace in late 2013, were filed last week in Jacksonville, Florida.

According to Forbes, the U.S. government has seized $4.5 million from these men and the money was forfeited back in the spring of 2014. The two accused Nathan Gibson and Sean Mackert who are now 24, allegedly stole $6.6 million worth bitcoin from Sheep Marketplace in 2013. Along with money, a 2012 Toyota Camry and a 2008 Honda motorcycle were also forfeited.

The government however said that the amount was equivalent to $6.6 million although it was using an exchange rate about $1,200. During this time, bitcoin’s value doubled and peaked before beginning a downward slide.

http://www.econotimes.com/Penalty-documents-filed-in-US-in-2013-bitcoin-theft-215023
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