Federal Reserve Staffer Fined for Mining Bitcoins at Work

Federal Reserve Staffer Fined for Mining Bitcoins at Work

A former employee of the Federal Reserve Board of Directors has fined $5,000 and put on probation after being caught mining bitcoins on a server owned by the US central bank. The Fed’s Office of the Inspector General said today that Nicholas Berthaume, who previously worked as a communications analyst for the board before being fired in light of the incident, had been placed on 12 months of probation after accepting a plea deal on 27th January. He plead guilty to one count of unlawful conversion of government property, a misdemeanor. Court documents show that Berthaume, who was indicted....


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