Industrial Bitcoin Mine Employee Disappears After $190k in Alleged Theft, Fraud

Industrial Bitcoin Mine Employee Disappears After $190k in Alleged Theft, Fraud

A man operating under an assumed name has been accused of stealing bitcoin and bitcoin mining equipment from a Florida-based industrial mining facility and defrauding investors on a popular bitcoin lending platform. The alleged perpetrator worked under the name Jon Simms, acting as both an independent bitcoin buyer and seller and a professional mining specialist for Digital Mining Investments. The scam targeted bitcoin lending site BTCJam and Digital Mining Investments' Tampa-based mine. The stolen items allegedly include 55 BTC (roughly $35,000 at press time) taken from BTCJam users,....


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