Man from Florida, U.S., Arrested for Allegedly Stealing $1.9 Million in Bitcoin from Former Employer Using Mnemonic Phrase
A man in Florida, USA, was arrested for allegedly stealing approximately $1.9 million worth of Bitcoin using the mnemonic phrase of his former employer’s hardware wallet. According to police, the unauthorized transfer of the stolen funds occurred in 2020, when the suspect still had access to critical security information.
