Yahoo Finance Bitcoin thief who stole $5 million of the crypto and posed in a dollar-filled bathtub sentenced to 4 years in prison
An Ohio man who stole more than 712 bitcoin was sentenced to four years in prison Thursday.
Gary Harmon pled guilty in January to stealing the cryptocurrency.
Law enforcement agents found a photo on Harmon's phone of him in a bathtub full of cash.
An Ohio man who pled guilty in January to stealing more than 712 bitcoin from a computer held by the US government was sentenced to four years in prison Thursday.
Gary Harmon, 31, must also give up crypto holdings and other properties valued at over $20 million by today's market prices, the US Justice Department said.
Harmon's older brother Larry was charged in February 2020 with laundering over $300 million of crypto by operating the Darknet-based service Helix – and pled guilty 18 months later.
In April 2020, Gary Harmon used his brother's credentials to steal over 712 bitcoin by recreating eight crypto wallets stored on a device held by the Internal Revenue Service.
The bitcoin was valued at $4.8 million at the time of the theft, according to the Justice Department, and would be worth just under $21 million at today's prices.
Law enforcement agents found a photo of Harmon in a nightclub bathtub full of dollar bills on his phone after the bitcoin vanished.
Prosecutors also alleged that he used some of the bitcoin to buy a luxury condominium in Cleveland.
As part of his sentencing, Harmon will forfeit over 647 bitcoin, 2 ether, and more than 17 million dogecoin, according to the Justice Department.
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