Ex-LAPD Officer Gets Life Sentence for Bitcoin Heist
A former Los Angeles Police Department (LAPD) officer has been sentenced to life in prison plus an additional 15 years for his role in a $350,000 Bitcoin robbery. The incident occurred in 2015 when the officer used his law enforcement status to gain access to a victim's home and steal their cryptocurrency assets.
The officer, who is not named in the source, was found guilty of multiple counts of theft and burglary in connection with the crime. He was subsequently sentenced by a judge to life in prison plus 15 years, indicating the severity of the offense.
Bitcoin's value has skyrocketed since 2015, making the stolen amount significantly more valuable today than at the time of the robbery.