Economist Indicted For Attempting To Extort Bitcoins From Fossil Oil Giant Bp

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Title : Economist Indicted For Attempting To Extort Bitcoins From Fossil Oil Giant Bp
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Economist Indicted For Attempting To Extort Bitcoins From Fossil Oil Giant Bp



Another genius Bitcoin enthusiast.

Influenza A virus subtype H5N1 one-time BP economist was charged amongst 5 counts of wire fraud for allegedly trying to extort Bitcoins from the Houstion-based stone oil giant BP.

George Koutsostamatis, 28, who worked for BP inwards Chicago, was indicted final calendar month inwards Houston for allegedly trying to telephone substitution sensitive corporate documents for Bitcoins. He was arrested inwards Chicago as well as brought to Houston where he appeared inwards federal courtroom final week, according to the the United States of America Attorney's Office inwards Houston.

Koutsostamatis worked every bit a refining render economist inwards Chicago for BP Corporation North America. He worked on BP's trading flooring which gave him access to BP documents. Koutsostamatis allegedly emailed BP as well as falsely represented that he had infiltrated the company's estimator network.

Koutsostamatis allegedly demanded payment of 125 Bitcoins, according to the indictment, as well as if BP would non pay, he planned to discover personnel information including employee Social Security numbers along amongst sensitive corporate documents to BP's competition. On Monday, Bitcoin opened at $19,086.64 per coin.

If convicted of wire fraud, he faces upwards to xx years inwards prison theatre as well as a possible $250,000 fine.

The FBI Houston Cyber Task Force investigated this case.

-RW

(via The Department of Justice)


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