June 25, 2014
A 21-year-old Kingaroy man has been charged with a tainted property offence relating to a substantial amount of Bitcoin police say he obtained as a result of computer hacking offences he allegedly committed earlier this year.
The man was charged on March 19 with hacking and fraud against a US-based online gaming company’s computer network.
Yesterday, members of the Cyber and Identity Crime Group, part of the Fraud and Cyber Crime Group, with the assistance of Maryborough Police, located the man at a Hervey Bay address.
Police will allege the man had possession of approximately $110,000 worth of Bitcoin (a digital currency) he allegedly obtained from these offences, which will now be considered proceeds of crime.
He was charged with tainted property and breach of bail offences and will appear in the Hervey Bay Magistrates Court on 24 July.
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