Our favorite Bitcoin story of all time seems to be closing as Iceland’s courts found ringleader Sindra Þór Stefánssyni guilty of stealing over 100 crypto mining rigs in Iceland. The incredible story—which at one point had Sindra breaking out of prison and fleeing the country on the same plane as the Prime Minister—now seems to have come to an end with him heading back to prison and no Bitcoin mining equipment recovered.
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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).EXCLUSIVE: Burglaries, cocaine, stun guns, and other charges added in ‘Big Bitcoin Heist’
This summer’s most insane true-crime caper gets even crazier
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…