The United States District Court has convicted Bitcoin bath thief Gary Harmon of stealing 713 Bitcoin (BTC) from a wallet belonging to the Internal Revenue Service (IRS).
- Ohio citizen Gary Harmon, 31, has been sentenced to four years in prison.
- He stole 713 Bitcoin from a wallet belonging to the Internal Revenue Service (IRS).
- Hackers are stealing cryptocurrency by accessing users’ email addresses. Is your email safe?
The United States District Court has convicted Bitcoin bath thief Gary Harmon of stealing 713 Bitcoin (BTC) from a wallet belonging to the Internal Revenue Service (IRS).
Ohio citizen Gary Harmon, 31, deceived the IRS and stole 713 Bitcoin. US District Judge Beryl Howell sentenced Gary to four years in prison. The court also ordered him to surrender cryptocurrency and other assets worth over $20 million.
Bitcoin Thief Posed in a Bathtub Full of Money
According to Bloomberg, after stealing Bitcoin (BTC), Harmon used 68 BTC as collateral for a $1.2 million loan. He invested the loan money in luxury items like a house in Cleveland.
IRS agents became suspicious after seeing a photo of Harmon having fun in a bathtub full of dollars.
How Did He Steal Bitcoin?
Gary Harmon is the brother of Larry Harmon, who was charged with money laundering involving cryptocurrency worth $311 million in 2021. COINOTAG reported that Larry admitted his guilt in 2021 and surrendered 4,400 BTC.