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'Big Bitcoin Heist': 2 held over stolen computers in Iceland

AP  |  Reykjavik (Iceland) 

Some 600 computers used to "mine" and other virtual currencies were stolen from data centers in in what police say is the biggest series of thefts ever in the nation. Eleven people were arrested, including a as part of what Icelandic media have dubbed the "Big Heist." A at the on Friday ordered two people to remain in custody. The powerful computers are worth almost USD 2 million. But if the is used for its original purpose, to create new bitcoins, the thieves could turn a massive profit in an untraceable without ever selling the items. is a kind of digital that isn't tied to a or a government.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 03 2018. 00:30 IST
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