Criminal behind $1.8M cryptocurrency theft facing 10 years

posted 16 days ago
Justice has prevailed for the victim of a hostage and robbery, as the man behind the $1.8 million virtual currency theft is expected to be sentenced to 10 years behind bars. Fortunately, the victim eventually escaped from his captors. The perpetrator, Louis Meza, age 35, is actually "friends" with the victim and knew that he had a large amount of Ether stored in his wallet at his house. Meza, and 3 of his cohorts robbed the victim.

The criminals put a hood over the victim’s head and held him for several hours. They forced him to hand over his home keys as well as his "crypto keys" (the information needed to gain access to his cryptocurrency wallet.) The criminals then broke into the victim’s house and stole the memory stick that contained his crypto. Unfortunately for the hoodlums, they were caught on surveillance video doing the crime. The victim managed to escape and run to a nearby grocery store where he called 911. Manhattan District Attorney Cyrus Vance Jr. said "Louis Meza orchestrated a 21st-century stick-up. Then 21st-century investigators brought him swiftly to justice, securing a landmark conviction in an undeveloped area of the law." Louis Meza was also ordered to forfeit ~$100,000 worth of SALT tokens & 84 bitcoins (~$500,000). In the end, the victim got away safely and his cryptocurrency was recovered.
Tags: bitcoin, news