Monday, October 19, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Former Engineer Gets 32 Months Prison for Hacking Employer and Demanding Bitcoin (BTC) Ransom

Former Engineer Gets 32 Months Prison for Hacking Employer and Demanding Bitcoin (BTC) Ransom

Photo: The Daily Hodl

A disgruntled former core infrastructure engineer at a New Jersey industrial company sabotaged the firm's computer network and extorted employees with a large Bitcoin (BTC) ransom demand. The U.S. Department of Justice says 59-year-old Missouri man Daniel Rhyne pleaded guilty to a two-count information that charged him with extortion in relation to a threat to cause damage to a protected computer and intentional damage to a protected computer. In or around November 2023, Rhyne took steps to execute a scheme to hack his employer's computer network and extort the firm into paying a ransom.

Source: The Daily Hodl

Latest in Crypto Today

All Crypto Today stories