A Florida man has been arrested for allegedly using a seed phrase to steal $1.9 million worth of Bitcoin from his former employer.
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According to ME News, on May 28 (UTC+8), a man in Florida was arrested for allegedly stealing approximately $1.9 million worth of Bitcoin from his former employer. Police stated that the man used the employer's hardware wallet's seed phrase to make unauthorized transfers of funds. The theft occurred in 2020, when he still had access to critical security information. (Source: ME)
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