It didn’t take long for the crypto world to see another huge tragedy. This time it has happened in the Atlantic. According to Police, the North Atlantic nation of Iceland has just seen their biggest theft in the country’s history. The crime was crypto-related as 600 computers used to mine cryptocurrencies were stolen from multiple data centers.
Iceland has officially labeled the incident the “Big Bitcoin Heist.” Unlike in other cryptocurrency heist around the world, this case isn’t without its suspects. They have arrested 11 suspicious individuals, including one of the security guards. While nine of the individuals have been released, a judge with the Reykjanes District Court has stated that two will remain behind bars for the time being.
The country’s police remain in a stir as the computers have still not been located. They alone are worth $2 million. If they are used to create cryptocurrency the thieves can walk away with a profit that easily succeeds well over $2 million.
Olafur Helgi Kjartansson, the police commissioner on the southwestern Reykjanes peninsula has commented that this could only be at the hands of extremely organized criminals. Nothing of this scale has ever been seen in Iceland.
These crimes didn’t take place all in one day. Three of the four burglaries that resulted in the loss of 600 hundred computers took place in December of last year. Iceland officials didn’t want to make it public news as they hoped they’d catch the thieves by now.
In an attempt to trace the computers, Iceland police are monitoring energy consumption around the country. Mining takes up an extremely large amount of energy. High energy use is definitely a way to get to the crooks. With luck they will find the computers, but given the dates of the initial theft the computers might be long gone from the country.