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3.4B in stolen Bitcoin inside Cheetos container

17 points| meifun | 2 years ago |businessinsider.com

17 comments

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ttoinou|2 years ago

How is that stealing exactly ? Looks more like state agents "stealing" again by using their legal powers

Our_Benefactors|2 years ago

This, I almost did a spittake when I saw the Silk Road mentioned. Just salty that 50k wasn’t in the pile they got out of the ordeal to begin with.

ngetchell|2 years ago

Weren't the bitcoins generated from a crime? I'm not the biggest fan of civil forfeiture but this seems pretty a straightforward, lawful seizure.

mouzogu|2 years ago

2 interesting things for me:

> you can hide $3.4 billion in a cheetos can

> the feds tracked him down 11 years after the event

also interesting, but i would rather have known how they tracked him...

> A photo shared by the department shows that the crypto tin originally contained Cheetos-brand popcorn in both Flamin' Hot and Cheddar flavors.

kiney|2 years ago

I think they didn't really track him. I think he drew suspicion by being filthy rich without official source of income. But not sure how they got a warrant for his house