Iceland’s ‘Big Bitcoin Heist’ Suspect Has Been Arrested

April 24, 2018 10:52 pm Published by

The bitcoin miner thief from Iceland has reportedly been arrested, CoinDesk reported Tuesday.

A Dutch police spokesman confirmed Sindri Thor Stefansson, the accused mastermind in a $2 million theft of mining hardware was arrested on Sunday night in Amsterdam, the report said.

Prosecutors are seeking to extradite him back to Iceland, the News Observer reported.

Previous reports said Stefansson walked out of a low-security prison and traveled to Sweden last week. In a letter sent to Icelandic news organization Frettabladid, he claimed he was held “for two and a half months … without evidence,” and kept in isolation during his imprisonment. After his order of detention expired, CoinDesk reported, he left the prison and took a taxi to the airport.

“I simply refuse to be in prison of my own will, especially when the police threatens to arrest me without explanation,” he wrote to the newspaper.

Although Stefansson did say he wanted to return to Iceland, the report said, he claims he had been negotiating with police to arrange his return. In addition, he threatened to use a fake identification to stay hidden from authorities.

In his letter, the report said, Stefansson did not address the 600 computers he was accused of stealing, nor have police given any indication they have located the missing devices. The owner of the bitcoin mining hardware has offered a $60,000 reward.

The computers were stolen across four separate thefts in what is Iceland’s largest crime to date, CoinDesk reported. Last month, police officials said “everything points to this being a highly organized crime.”, Jack Durschlag

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