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HomeCryptoNationwide Crime Company officer charged with theft of Bitcoin

Nationwide Crime Company officer charged with theft of Bitcoin

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An officer from the Nationwide Crime Company (NCA) has been charged over the alleged theft of £60,000 value of the cryptocurrency Bitcoin.

Paul Chowles, 42, from Bristol, is charged with 15 offences regarding the alleged theft of fifty Bitcoin throughout an investigation into on-line organised crime in 2017, Merseyside Police stated.

The power stated the Bitcoin would have been value virtually £60,000 on the time of the alleged offences.

Mr Chowles is because of seem at Liverpool Magistrates’ Court docket on 25 April.

He faces 11 counts of concealing, disguising or changing legal property, three counts of buying, utilizing or possessing legal property, and one depend of theft.

Bitcoin is the largest and oldest sort of cryptocurrency, having been invented in 2008.

In keeping with on-line converters, 50 Bitcoin would now be value greater than £3m.

Malcolm McHaffie, head of the Crown Prosecution Service’s particular crime division, stated: “Prison proceedings in opposition to this defendant are actually lively and he has the appropriate to a good trial.

“This can be very essential that there needs to be no reporting, commentary or sharing of data on-line which may in any means prejudice these proceedings.”

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