Aussie Bitcoin Miner Retrofits Government Computers, Faces 10 Years in Prison

2019-5-21 12:26

By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency on the modified machine.

The 33-year old IT contractor allegedly tweaked the federal government computers to optimize them for bitcoin mining. If found guilty, he faces a maximum of ten years in prison. Mining bitcoin at work In the months previous, police raided the man’s house, confiscating a laptop, smartphone, employee ID cards, and various computer files. The Australian Federal Police (AFP) say he took advantage of his trusted position

The post Aussie Bitcoin Miner Retrofits Government Computers, Faces 10 Years in Prison appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98678.1 (-0.15%)
Объем 24H $69.456b
Изменеия 24h: -0.62 %, 7d: 8.26 %
Cегодня L: $98439.13 - H: $99414.82
Капитализация $1952.465b Rank 1
Цена в час новости $ 7875.55 (1152.97%)

bitcoin government prison years faces mining computers

bitcoin government → Результатов: 126


Фото:

Massive Silk Road Bitcoin Stash Worth $2 Billion Moved By US Government

A crypto wallet labeled as belonging to the U.S. government transferred roughly $2 billion worth of confiscated Bitcoin (BTC) connected to the infamous Silk Road marketplace to a new unlabeled address — sending the price of Bitcoin lower and igniting investor concerns about selling the assets just two days after presidential hopeful Donald Trump’s promise […]

2024-7-31 00:54


Фото:

Ripple And XRP Prone To More Wins As SEC Reportedly Argues It Never Declared Bitcoin And Ether Compliant Cryptos

The issue of compliance to government regulatory controls has a thorn in the neck of crypto projects, and it may have actually stalled some of them. However, those strong enough like Bitcoin and Ethereum have managed to press on, even through years of restrictive and hostile government reactions. Now, things are looking up for the […]

2021-12-14 15:23


Фото:

Iran Government Blames Bitcoin Miners For Power Outages, Bans Crypto Mining For 4 Months

Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […]

2021-5-27 20:46


State Newspaper In China Headlines Bitcoin To Millions Of Readers; Not All Positive Though

The Chinese government is strongly supporting the push towards blockchainizing its economy as seen by President’s Xi’s latest remarks on blockchain technology. While the government makes steps towards fully adopting the technology, certain sections remain disturbed by bitcoin’s public nature, volatility and the use of crypto in aiding criminal activities. State Chinese newspaper headlines Bitcoin […]

2019-11-11 16:49


Bitcoin is Dying in This G20 Giant Because of its Suffocating Government

  It is quite evident by now that the government of India doesn’t like bitcoin in particular and cryptocurrencies in general. Regulators in the country have officially clamped down on bitcoin and other cryptocurrencies, with a draft legislation making it clear that holding, buying or selling cryptocurrencies in the country is a crime.

2019-7-23 16:39


Фото:

US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech

Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban.

2019-7-17 18:30


Фото:

California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.

2018-9-3 14:05