An engineer took advantage of his position to obtain virtual currency for profit, constituting the crime of illegally obtaining computer information system data and was sentenced to three and a half years in prison

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MarsBit
7 hours ago
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According to a report by the Workers' Daily, the Changping District People's Court in Beijing recently released a case: a blockchain engineer named Zhang from a certain internet company illegally obtained virtual currency for profit by taking advantage of his position, constituting the crime of illegally obtaining computer information system data.

When participating in project development, Zhang learned that the company's account had a large amount of Ethereum, so he planned to attack the company's account to obtain it. He took advantage of his work to ask his colleagues for program code and private keys beyond his authority, and shared the information in a certain "technical exchange group", inviting group members to crack and attack the company's account, and finally successfully obtained 106.15 Ethereum, illegally profiting 38,329.76 yuan.

The court held that Zhang violated the regulations, illegally obtained Ethereum information from the company's computer system and traded for profit, constituting the crime of illegally obtaining computer information system data. Although the company's management had loopholes, this was not a reason to exempt Zhang from criminal liability. Finally, the court sentenced Zhang to 3 years and 6 months in prison and a fine of 60,000 yuan, and confiscated the illegal gains of 38,329.76 yuan. The second instance upheld the original judgment and rejected the appeal.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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