HitBTC Scammers Arrested in Canada
18 December 2019 09:51, UTC
The investigation was undertaken by US authorities and found both brothers guilty of wire fraud as well as the intention of committing wire fraud. The customer in question was a 63-year-old woman who lost 23 BTC to the brothers but refuses to disclose her identity to this day.
Although the brothers were arrested in August 2019, the sentencing is just now being processed. The US law considers a maximum of 20 years for such cases, but considering that both the brothers pleaded guilty on all charges, it’s likely that they will both be given a 2-year sentence each.
The final hearing will take place in mid-March 2020 in Portland where the attorneys of the brothers will try their best to find them a minimum sentence. Considering that all of the funds have been returned and the brothers have pleaded guilty, it’s almost guaranteed that the sentence will be lowered.
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