Prosecutors and private attorneys have filed charges against seven individuals in Iceland in the ongoing investigation of the “Big Bitcoin Heist.” Modern Consensus has exclusively obtained signed documentation from the courthouse and consulted with Icelandic legal experts. What we found is astonishing. First, a quick recap: Police in Iceland have been putting together clues to a string of burglaries in Iceland centering around cryptocurrency mining components during the December 2017 bitcoin peak. In Iceland, more electricity is used in bitcoin mining than in all Icelandic homes combined. Over $2 million in equipment was reported stolen. Later, in a move straight out of a Hollywood thriller, prime suspect Sindri Thor Steffanson…
A map of Iceland made entirely out of cocaine. Given the sun doesn't set there in the summer, parties are especially insufferable if one is cornered by the punch bowl from someone who wants to talk nonstop about his Bitcoin mining rigs (via Shutterstock).