Bitmain, 100 bitcoin theft: a former employee is to blame
Bitcoin

Bitmain, 100 bitcoin theft: a former employee is to blame

By Alfredo de Candia - 13 Sep 2019

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According to a report by a local media, the famous mining company Bitmain has suffered a theft of 100 bitcoin (BTC) directly from their wallet.

The story dates back to September 2017 when Zhong Moumou, Bitmain’s employee since 2015, through a remote access to the company’s computers had access to the wallets used by Bitmain and stole 100 bitcoin; subsequently, Bitmain, realising the theft, immediately contacted the police to start the investigation so as to understand who was the culprit.

The arrest led the culprit to return the bitcoins and resulted in him being sentenced to 1 year and 3 months in prison on charges of stealing sensitive information from the company; he also had to pay a fine of 50,000 yuan, about 7,000 dollars.

This is not the first time that an employee exploits their position to derive personal benefit: in fact, a couple of months ago, a former Microsoft employee was also able to steal 1000 bitcoins. In this case, too, the culprit was arrested on charges of bitcoin theft.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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