Home Bitcoin News Suspected Mastermind Behind the 'Massive Bitcoin Heist' Escapes Jail By way of a Window

Suspected Mastermind Behind the 'Massive Bitcoin Heist' Escapes Jail By way of a Window

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A person who’s accused of a Bitcoin heist that included stealing about 600 computer systems escaped a low-security jail in Iceland this week and reportedly fled to Sweden.

On Tuesday, Sindri Thor Stefansson is believed to have escaped the low-security jail he was transferred to 10 days prior by way of a window, in line with the Associated Press. He then allegedly traveled 59 miles to Iceland’s worldwide airport in Keflavik, the place legislation enforcement consider he boarded a flight to Sweden, the BBC reported.

“He had an confederate,” Police Chief Gunnar Schram advised Visir, an Icelandic on-line information outlet. “We’re positive of that.”

Police stated the aircraft ticket was in someone else’s identify, in line with the AP, including that he probably didn’t use a passport as a result of he was allegedly touring to Sweden, which is inside Europe’s Schengen space. Although Iceland shouldn’t be a part of the European Union, it’s a part of the Schengen Settlement, the place there isn’t a border patrol.

There’s at the moment a global warrant out for his arrest.

Earlier this yr, Stefansson was arrested as a suspect in what Icelandic media have referred to as the “Big Bitcoin Heist,” and in line with the Guardian, he’s suspected to have been the mastermind behind the operation. In a collection of 4 burglaries — three in December, and one in January — $2 million price of computer systems have been stolen by a gaggle of 10 folks. The computer systems are nonetheless lacking.

“It is a grand theft on a scale unseen earlier than,” Reykjanes peninsula police commissioner Olafur Helgi Kjartansson advised the AP in March. “All the things factors to this being a extremely organized crime.”

Iceland has seen an increase in Bitcoin mining on account of its renewable vitality and chilly local weather, which are perfect for high-powered servers. So-called “mining” of Bitcoin on high-powered computer systems takes a considerable amount of vitality. In Iceland, electrical energy prices are low on account of its renewable sources of vitality from each geothermal and hydroelectric energy vegetation. Bitcoin mining was set to devour “100 megawatts this yr,” in line with a February report within the Guardian, which is extra vitality than most households use.

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