Police seize $6.7m cryptocurrency from alleged movie pirate Jaron David McIvor in Hamilton | Crypto Craft

  • Police seize $6.7m cryptocurrency from alleged movie pirate Jaron David McIvor in Hamilton

    From nzherald.co.nz

    The unusual case of alleged movie piracy and a small fortune in cryptocurrency is the latest example of police testing their powers under the Criminal Proceeds Recovery Act, which came into force in 2009. Police have seized nearly $6.7 million in cryptocurrency, as well as $1.1m in bank funds, from a Hamilton man following an investigation into alleged online movie piracy in the United States. Sound familiar? This time it is not Kim Dotcom in the sights of American authorities but a software programmer called Jaron David McIvor. The 31-year-old lives in a modest rental property with a relative who has also been ... (full story)

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cryptocow
Nov 22, 2019 5:24pm
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But after the police knocked on the door on the weatherboard home in June, McIvor handed them the key codes to unlock more than $6m worth of various cryptocurrencies.

What an idiot. He should have pulled a CW and rambled off something about a blind trust.
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