Tags: london | bitcoin | hacker | seized | police
London Bitcoin Hacker Has $667,000 Seized by Police
(Zerbor / Dreamstime.com)

London Bitcoin Hacker Has $667,000 Seized by Police

Friday, 25 May 2018 04:24 PM EDT

A London bitcoin hacker had $667,000 in bitcoin seized by police in a case described as the first of its kind for the 188-year-old department.

Cybercrime detectives seized the bitcoin from Grant West, 26, who was sentenced to 10 years and 8 months in prison Friday for attacking some 100 companies worldwide, largely using 'phishing' email scams to obtain the financial data, The Associated Press reported.

Once he obtained the data, West would then sell the material to market places on the dark web and convert his profits into bitcoin.

The London Metropolitan police discovered evidence of cyberattacks on 17 major firms including Sainsbury's, Asda, the British Cardiovascular Society and the Finnish bitcoin exchange.

Officers also recovered a memory card containing approximately 78 million individual usernames and passwords.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


TheWire
A London bitcoin hacker had $667,000 in bitcoin seized by police in a case described as the first of its kind for the 188-year-old department.
london, bitcoin, hacker, seized, police
128
2018-24-25
Friday, 25 May 2018 04:24 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved