Bitcoin phisher steals $365,000 and 10,000 passwords from dark web users


A 37 year-old man in the US has been sentenced to one year and one day in prison for fraud in connection with a Bitcoin phishing scheme designed to rob victims of their cryptocurrency. Michael Richo, of New Haven, was also ordered to forfeit $352,000 in cash, various computers and electronic devices, and an assortment of precious coins and metals that he purchased with the proceeds of his offense. Following his release, Richo will be subject to three years of supervised release. Court documents and statements made in court specify that Richo targeted individuals on the dark web with the phishing scheme. He did so…

This story continues at The Next Web

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