{"id":8870,"date":"2021-08-30T10:27:20","date_gmt":"2021-08-30T09:27:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=8870"},"modified":"2021-08-30T10:27:30","modified_gmt":"2021-08-30T09:27:30","slug":"man-gets-sentence-for-stealing-mining-rig","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/man-gets-sentence-for-stealing-mining-rig\/","title":{"rendered":"Man gets three years sentence for stealing mining rig in Russia"},"content":{"rendered":"\n
A 34-year-old man was found guilty of stealing Bitcoin mining rig<\/a> worth more than 1.6 million rubles (almost $22,000) he reportedly could not use the stolen mining equipment due to a \u201clack of relevant knowledge.\u201d<\/h5>\n\n\n\n
\"Man<\/figure>\n\n\n\n

According to a report released by the Prosecutor's Office \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>of the Yaroslavl Region, a Yaroslavl citizen was caught illegally accessing a friend's garage in February 2021 and taking their mining equipment, which was meant to be used to earn bitcoin.<\/p>\n\n\n\n

Authorities judged the Russian man guilty of a crime, citing large-scale property theft and illegal entry as reasons.<\/p>\n\n\n\n

The defendant admitted to the allegations in court and voluntarily returned the stolen crypto mining equipment to its rightful owner.<\/p>\n\n\n\n

He further admitted to the court that he was unable to use the stolen mining equipment owing to a \u201clack of required knowledge.\u201d<\/p>\n\n\n\n

The court sentenced the guy to “three years of a suspended sentence and three years of probation<\/a>” based on the findings.<\/p>\n\n\n\n

This allows the defendant to have their case dismissed without having to serve any time in prison, as long as they follow all of the rules of probation.<\/p>\n\n\n\n

On Aug. 4, Russian authorities declared that 14.7 million rubles ($200,000) would be allocated to the development of tools to monitor and analyze Bitcoin (BTC)-related crypto transactions.<\/p>\n\n\n\n

The Russian Federal Financial Monitoring Service <\/a>(Rosfinmonitoring) has contracted the job to RCO, a business indirectly supported by Sber, formerly known as Sberbank, as Cointelegraph previously reported.<\/p>\n\n\n\n

Russia previously invested in an analytics system to identify illegal activity by \u201cpartially lowering anonymity\u201d of cryptocurrency transactions for Bitcoin, Ether (ETH), Omni (OMNI), and privacy-focused cryptocurrencies like Dash (DASH) and Monero (XMR).<\/p>\n","protected":false},"excerpt":{"rendered":"

A 34-year-old man was found guilty of stealing Bitcoin mining rig worth more than 1.6 million rubles (almost $22,000) he reportedly could not use the stolen mining equipment due to a \u201clack of relevant knowledge.\u201d According to a report released by the Prosecutor’s Office of the Yaroslavl Region, a Yaroslavl citizen was caught illegally accessing […]<\/p>\n","protected":false},"author":12,"featured_media":8875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,21],"tags":[4127,904,4128,4129],"class_list":["post-8870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-news","tag-mining-rig","tag-russia","tag-sentence","tag-stealing"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Man-gets-a-three-year-sentence-for-stealing-mining-rig-in-Russia-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=8870"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8875"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=8870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=8870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=8870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}