The story of the 3.4 Billion dollars in a Cheetos popcorn tin can

Old story. Bbg ran a way better story on this with plenty more background a week or 2 ago.

Pekelo said:
For your weekend entertaining pleasure:

Dude steals 50K BTCs from Silk Road. Can't figure out how to cash out or money launder. Gets 400K cash stolen, reports it to the police. They raid his house because WTF? with that much cash at home? They find the stolen BTCs in a Cheetos tin can. Guy gets 1 year in prison.

https://www.businessinsider.com/man...MTY4MTUxODA3Ny40Mi4wLjA&utm_source=reddit.com
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Eastern Western Northern Southern Human DNA has been programmed to keep $$$$ in the metal containers.
 
He got caught red handed fingered.

"A photo shared by the department shows that the crypto tin originally contained Cheetos-brand popcorn in both Flamin' Hot and Cheddar flavors. According to mediareports, the tin and its promise of "2 favorites together" was available exclusively at Walmart during the 2020 holiday season."

Current value is only 1.5 billion, but who is counting?
 
This article is stupid...

They act like Bitcoin is a litteral coin that you can stick inside of a can like a piggy bank. Did they find it on a USB drive inside the can? Shouldn't they say then, that they found it on a USB drive?

Still can't believe that guy only got a year in jail. But I guess to him it was worth it.
 
Tokenz said:
This article is stupid...

They act like Bitcoin is a literal coin that you can stick inside of a can like a piggy bank. Did they find it on a USB drive inside the can? Shouldn't they say then, that they found it on a USB drive?

Still can't believe that guy only got a year in jail. But I guess to him it was worth it.
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The sentence was lenient bc 1), he stole from a criminal conspiracy and 2), he voluntarily gave it all back and saving the DOJ any disgorgement action. The forensics were easy at that point.
 
destriero said:
The sentence was lenient bc 1), he stole from a criminal conspiracy and 2), he voluntarily gave it all back and saving the DOJ any disgorgement action. The forensics were easy at that point.
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Makes sense.
 
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