Canadian Police Seized $28 Million Bitcoin (BTC)

Canadian, Sebastien Vachon-Desjardins, accused of carrying out dozens of ransomware attacks in 2020, extradited to the United States
 Canadian Police Seized $28 Million Bitcoin (BTC)
READING NOW Canadian Police Seized $28 Million Bitcoin (BTC)

Canadian, Sebastien Vachon-Desjardins, accused of carrying out dozens of ransomware attacks in 2020, was extradited to the United States. Canadian police seized $28 million worth of Bitcoin in connection with the case.

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Sebastien Vachon-Desjardins, 34, was charged in a Florida federal court for activities such as committing computer fraud, intentionally giving a protected computer.

Protected computers are computers used only by the US government or a financial institution.

Vachon-Desjardins, formerly an IT specialist for the Canadian government, was arrested in Quebec in January.

Canadian police found 719 Bitcoins and 790,000 Canadian dollars during a search of Desjardins’ home.

According to Canadian media, Vachon-Desjardins told the court that he stole more than 2000 Bitcoins during his career.

U.S. President Joe Biden promised in November that the federal government will use all its power to thwart malicious cyber activity.

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