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Washington Man Admits Stealing Thousands of Dollars' Worth of Bitcoin from Niagara Falls Company

Guavy AI Editorial Team
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BTC
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A Washington state man has admitted to stealing thousands of dollars' worth of Bitcoin from a company in Niagara Falls.

Christopher Rankin, 40, pleaded guilty to transmitting a program to a protected computer and causing damage. The maximum penalty for this crime is one year in prison and a fine of $100,000.

Rankin had been hired to operate about 100 computers at the Niagara Falls company but secretly redirected them to steal more than $53,000 worth of Bitcoin.

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