Man Who Misplaced $800K of Bitcoin Sues Mother and father of Alleged Teenage Thieves

 Man Who Misplaced $800K of Bitcoin Sues Mother and father of Alleged Teenage Thieves


  • In 2018, Andrew Schober misplaced 16 Bitcoin—price about $220,000 on the time.
  • He tracked it again to the U.Okay. and alleges that two youngsters stole it utilizing malware.
  • After politely asking for it again and never receiving a response, he now desires to sue the youngsters’ dad and mom.

A person is suing the dad and mom of two youngsters who allegedly stole his $800,000 Bitcoin fortune. 

Colorado resident Andrew Schober’s stash of 16 Bitcoin was stolen from him in a 2018 malware assault, court docket paperwork allege. On the time, it was price about $220,000 and was ​​95% of his web wealth. 

The cryptocurrency disappeared after Schober downloaded a dodgy cryptocurrency pockets app from Reddit, which was allegedly created by two minors, Benedict Thompson and Oliver Learn, court documents say. The pockets then redirected Schober’s funds to a unique Bitcoin deal with, based on the submitting. 

Schober spent $10,000 on an investigation and tracked the Bitcoin to the 2 youngsters within the U.Okay., paperwork say. Each Thompson and Learn have studied pc science, together with at a high U.Okay. college, the submitting notes.  

“The deployment of the Malware on Mr. Schober’s pc and the following theft of Mr. Schober’s cryptocurrency was devastating for Mr. Schober,” the court docket doc reads. 

“He didn’t eat or sleep for days afterward and has been in a extreme state of misery for the previous three years.” It provides: “Mr. Schober was planning to make use of the proceeds from his eventual sale of the cryptocurrency to assist finance a house and help his household.”

Schober then wrote a letter to the dad and mom of Learn, the place he requested for the cash to be returned. “Your son is clearly a really clever younger man,” he wrote in 2018. “I don’t want for him to be robbed of his future.” 

However the letter was met with silence—and Schober is now suing the dad and mom of each youngsters. “By their refusal to answer Mr. Schober’s demand for the return of his cryptocurrency, the defendants have refused to return Mr. Schober’s cryptocurrency,” the doc provides.

The dad and mom of the teenagers have since responded. In a submitting made this month, they argue that “three-year statute of limitations applies”—that means that Schober is now out of time to take authorized motion. 

However the dad and mom haven’t denied that their sons stole the Bitcoin, which has since soared in worth by 600%. 

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