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Man hired to mine bitcoin in Upstate NY. He redirected profits to himself

Summary by New York Upstate
A Washington state man admitted in court to stealing more than $53,000 in bitcoin from his employer by redirecting company computers to a mining operation he controlled, according to federal authorities.The incident began when Christopher Rankin was hired in July 2021 by a bitcoin mining company located in Niagara Falls. After being hired, Rankin accessed 100 computers used by the company without authorization and manually reset them, directing …
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New York Upstate broke the news in New York, United States on Tuesday, August 18, 2026.
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