Mitt Romney Tax Record Hacker Sentenced to Prison for Bitcoin Ransom

Mitt Romney Tax Record Hacker Sentenced to Prison for Bitcoin Ransom

THELOGICALINDIAN - Accepting Bitcoin for adulterous affairs is never a acceptable abstraction and the declared hacker of tax annal acceptance to Mitt Romney has begin that out the adamantine way Michael Mancil Brown was begin accusable of artifice and extortion

Also read: Vitalik Buterin: Russia’s Crypto Ban Would Stifle Blockchains

Mitt Romney Tax Record Extortion Is Bad Karma

Bitcoin.com_Guilty Mitt Romney

Back in 2012, the apple was abashed to acquisition out somebody had afraid then-US Presidential candidate Mitt Romney’s tax records. The culprit abaft this attack, who goes by the name of Michael Mancil Brown, beatific a letter to PricewaterhouseCoopers, who were confined as Romney’s accountants at that time.

While Brown accepted these accomplishments himself, he additionally fabricated it bright that  the sum of $1 actor USD had to be paid in Bitcoin. Otherwise, the annal would be appear to the public. Pulling off such a achievement would not be as accessible as cashing a basic paycheck, though, as PricewaterhouseCoopers did not booty attentive to the claims Brown fabricated in the afterward weeks.

Under the Dr. Evil moniker, Brown fabricated assorted online posts answer how he afraid the PwC aggregation servers and sniffed out the Mitt Romney tax records, as able-bodied as those acceptance to his wife. That account could not appear at a worse time, because the Presidential elections were three months away, and a aspersion was the aftermost affair Romney needed.

Moreover, Mitt Romney had been adverse allegations of not advice the majority of his tax returns. The abstracts which were fabricated about accessible showed he alone paid 15 percent tax, which did not go over able-bodied with the US public. Brown connected to abuse with a abounding absolution of the tax allotment by September 28 unless his Bitcoin extortion demands were met or Mitt Romney appear the capacity himself.

It did not booty continued for law administration officials to acquisition out who was abaft this attack, and Brown’s abode was raided. A lot of affirmation apropos his acquaintance with PwC was recovered, yet there was no trace of any tax annal acceptance to Mitt Romney. This corroborated the adventure PricewaterhouseCooper had told from the beginning, as they had not noticed any aperture of their systems.

Bitcoin.com_Guilty Mitt Romney PwC

Ever back actuality charged in 2013, Brown has been apprehension trial. On May 17, 2016, a Nashville cloister begin him guilty of six counts of wire fraud, and six added of extortion. While his book has yet to be determined, he may absorb the abutting 25 years in prison, and be penalised for up to $250,000 USD in the process.

This is addition archetype of why application Bitcoin for actionable online action is not a acute decision. Albeit no transaction took abode in this Mitt Romney story, Bitcoin is far from anonymous. All affairs are recorded in real–time on the blockchain and anyone in the apple can see the agent and destination of all bitcoins in circulation.

What are your thoughts on Brown actuality begin guilty? Will this account appulse Bitcoin in a absolute or abrogating manner? Let us apperceive in the comments below!

Source: The Register

Images address of Mitt Romney, PwC, Shutterstock.