Cyber crime goes offline: man robbed of his hardware Ethereum wallet containing $1.8 million

Physical cryptocurrency wallet makes all matters connected with your investments more offline, as proven by that story of an Englishman who threw his Bitcoin hardware wallet into the garbage by accident and has been searching for it at the local dumpsite ever since. While he is still probably doing this, on the other side of Atlantic, another cryptocurrency investor got robbed of his Ethereum physical wallet, and reports tell one of the criminals was the victim’s acquaintance.

This resident of Passaic, New Jersey, whose name is Louis Meza, apparently decided to get the hardware wallet of the victim for himself, and the robbery also involved another criminal who made the victim to give the keys to apartment where the wallet was at gunpoint. Now Mr. Meza is almost certainly will have time to think about the rising Ethereum prices in jail, as the court might sentence him to 25 years in penitentiary facility.

As implied by Cyrus Vance Jr., Attorney of Manhattan District, such crimes are going to become even more often due to the growth of the digital currency market.