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Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home

Last Thursday, two men were arrested in Virginia for their alleged plan to steal tens of millions of dollars in Bitcoin from a Westchester County home.
Between May 18 and May 24, 2020, the accused allegedly planned to break into the home in the middle of the night and force its residents to provide the code to a private key.
Dominic Pineda and Shon Morgan, the defendants, were indicted on Friday and charged with conspiracy to commit Hobbs Act robbery, which carries a maximum term of twenty years in prison. 
“As alleged in the indictment, the defendants participated in a violent plan to break into a family’s home in the middle of the night and force its residents to provide the code to what the defendants believed was tens of millions of dollars in Bitcoin currency," US Attorney Damian Williams said in a statement.
The indictment was unsealed on Friday in White Plains federal court, where the case will be handled.  © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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