A man in Indiana, USA, used Bitcoin to receive payments for the production and sale of 30,000 fake certificates, with the amount involved reaching 1.4 million dollars
ChainCatcher news, according to DL News, a 26-year-old man from Indiana, James Watt, was sentenced to 3 years of probation for producing approximately 30,000 fake IDs. Court documents show that Watt worked for a fake ID production website for 4 years, receiving 14 bitcoins (approximately $1.4 million) as payment.Law enforcement discovered that he had created a fake Missouri ID for Marvel superhero Thor during a search of his residence. John Childress, the acting prosecutor for the Southern District of Indiana, stated that this case once again demonstrates that despite the increasing acceptance of bitcoin by mainstream financial institutions, it is still used as a tool for illegal transactions. The bitcoins involved in the case were seized by the government last November.
