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📅 July 3, 7:00 – July 9,
An Indiana man used BTC receipts to produce and sell 30,000 fake IDs, involving a total amount of $1.4 million.
ChainCatcher message, according to DL News, a 26-year-old man James Watt in Indiana was sentenced to three years probation for producing about 30,000 fake certificates. Court documents show that Watt worked for a fake certificate production website for four years, receiving a total of 14 BTC (about $1.4 million) as compensation. Law enforcement officials discovered during a search of his residence that he had created a counterfeit Missouri ID card for the Marvel superhero Thor. John Childress, the acting prosecutor for the Southern District of Indiana, said that this case once again demonstrates that despite Bitcoin gaining recognition from mainstream financial institutions, it is still being used as a tool for illegal transactions. The Bitcoin involved in the case was seized by the government in November last year.