A US Man Stole 712 Bitcoins From IRS! Now Faces 40 Years in Prison!

A man from Ohio, USA, stole millions of dollars from a computer seized by the government in his brother’s money laundering case. Bitcoin (BTC) was accused of stealing.

The 31-year-old admitted this guilt. Gary Harmon He admitted that I illegally took and spent more than 712 Bitcoins that the IRS (US Internal Revenue Service) held for confiscation.

31-year-old Gary Harmon, a federal judge in Washington DC, in April 2020, belonging to his brother Larry Dean Harmon and IRSHe said he gained access to eight Bitcoin wallets located in ., using his brother’s credentials.

Gary Horman is now facing 40 years in prison for electronic fraud and obstruction of justice for stealing Bitcoins held by the IRS.

The Bitcoins in question were sent to a darknet-based exchange in February 2020. cryptocurrency It was seized upon by the arrest of Larry Harmon, CEO of Helix, a laundering service, on charges of digital money laundering worth billions of dollars.

Larry Harmon, who pleaded guilty to money laundering, said that Helix laundered more than 350,000 Bitcoins on behalf of customers.

A photograph belonging to Larry Harmon at the time of his arrest. crypto- The storage device was compromised, but the authorities were unable to break the security required to access the Bitcoins inside these wallets.

However, in August 2021, prosecutors found that Gary Harmon used the original words created to recover multiple wallets belonging to his brother, and that BTCHe reported stealing.

Gary Harmon, who made eight transfers from his brother’s wallet in total, from the IRS 712 Bitcoins (BTCs were worth $5.4 million at the time).

pleading guilty, Gary Harmon, as part of his defense today, More than 647.41 Bitcoin, 2.14 Ethereum (ETH) and 17,404,400.64 Dogecoin (DOGE) It also acknowledged the forfeiture of cryptocurrencies and other property from fraudulent proceeds, including

Gary Harmon’s confiscated cryptocurrencies are now valued at more than $12 million.