1. BITBILIHome
  2. Article

Bitcoin’s dark side: Nevada woman sentenced for crypto-funded murder plot

• 117 views

TL;DR Breakdown

  • Nevada woman, Kristy Lynn Felkins, gets five years for hiring a hitman with Bitcoin.
  • Felkins planned to claim life insurance after her ex-husband’s murder.
  • The case underscores the potential misuse of Bitcoin and the risks of anonymity online.

Description

In a chilling case that highlights the potential misuse of cryptocurrency, Kristy Lynn Felkins, a 38-year-old woman from Nevada, has been sentenced to five years in prison for attempting to hire a hitman to murder her ex-husband. The case has drawn attention to the dark side of Bitcoin, which Felkins used to facilitate anonymous transactions … Read more

In a chilling case that highlights the potential misuse of cryptocurrency, Kristy Lynn Felkins, a 38-year-old woman from Nevada, has been sentenced to five years in prison for attempting to hire a hitman to murder her ex-husband. The case has drawn attention to the dark side of Bitcoin, which Felkins used to facilitate anonymous transactions for her sinister plan.

The gruesome details of the plot and Felkins’ guilty plea

The narrative began in 2016 when Felkins initiated communication with an entity she believed to be a hitman-for-hire on a dark web platform. Unknown to her, the website was a scam that preyed on unsuspecting customers seeking illicit services. The supposed hitman, operating under pseudonyms, lured Felkins into a web of deceit, promising to carry out the murder in exchange for $5,000 worth of Bitcoin.

Felkins’ intentions went beyond merely eliminating her ex-husband. She expressed indifference to the well-being of her ex-husband’s new partner, callously disregarding any harm that might occur to her during the planned murder. Investigations revealed Felkins’  motive – she hoped to claim a substantial life insurance payout upon her ex-husband’s demise, adding a disturbing financial incentive to her sinister plot.

Felkins inquired whether the hitman could make the murder appear as a random act of violence. This disturbing question reflected a cold and calculated mindset driven by a desire to escape suspicion and evade justice. As the legal proceedings unfolded, Felkins ultimately pleaded guilty to a murder-for-hire charge, seeking to evade a lengthy trial that could expose her evil intent. To secure a more lenient sentence, she entered into a deal with federal prosecutors, confessing to her wicked plans.

In a landmark ruling, a U.S. District Court Judge in California has rendered a verdict by sentencing Felkins to five years in prison for her participation in the attempted murder-for-hire scheme.

This case highlights the dark and alarming convergence of anonymity and Bitcoin in the depths of the internet, posing a significant threat to our digital society. It is essential to know that while Bitcoin and other cryptocurrencies offer many benefits, including the ability to make anonymous transactions, this case serves as a reminder of the potential misuse of these technologies.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Bitcoin’s dark side: Nevada woman sentenced for crypto-funded murder plot

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月24日 00:00
Next 2023年7月24日 03:15

Related articles

  • Europe stocks fall and U.S. futures surge after debt deal

    TL;DR Breakdown European stock indexes experienced a decline, while U.S. futures showed a positive trend on news of the U.S. debt ceiling deal. The STOXX 600, a benchmark index for Europe, saw a 0.2% decline, while Tokyo’s Nikkei reached a 33-year high. U.S. President Joe Biden and leading congressional Republican Kevin McCarthy have reached a tentative agreement to raise the federal government’s debt ceiling to $31.4 trillion. In a striking contrast to international markets today, Europe experienced a decline in stock indexes, while U.S. futures displayed a positive surge, riding on the news of a critical debt ceiling deal secured over the weekend. Europe’s market stumble amidst global upswing European stock indexes found themselves in a bit of a predicament as they took a downturn on Monday, even while the euro zone bond yields saw a dip. The STOXX 600, a benchmark index for Europe, witnessed a 0.2% decline by the end of the day. Chinese stocks also followed the same trend after data reflected a slump in profits among the country’s industrial firms. However, the ripple effect of the…

    Article 2023年6月1日

  • CryptoUK clashes with Treasury Committee over-classification of cryptocurrency as gambling

    TL;DR Breakdown CryptoUK has criticized the recent regulation in the cryptocurrency sector. The Treasury Select Committee has equated cryptocurrency investment and trading to gambling. The government has been urged to reconsider its position on cryptocurrency regulation by CryptoUK. The recent regulation in the cryptocurrency sector in the United Kingdom (UK) has faced criticism from an advocacy group. The group has disapproved of the U.K. Parliament Treasury Select Committee’s move, arguing that cryptocurrency should be regulated as gambling. CryptoUK has released a scathing statement opposing the conclusion reached by the Treasury Select Committee. The association labeled the Committee’s findings as “unhelpful, false, fundamentally flawed, and unsubstantiated.” CryptoUK further expressed dissatisfaction, asserting that the statement from the Committee failed to truly grasp the cryptocurrency industry’s essence, purpose, and immense potential. Challenging the government’s stance, Ian Taylor, a Board Advisor at CryptoUK, raised a thought-provoking question: Would the government be willing to disregard the substantial tax revenue, amounting to tens of millions of pounds, generated from the buying and selling of unbacked crypto assets? This new development presents a captivating angle, with CryptoUK…

    Article 2023年5月18日

  • U.S. banks celebrate Fed stress test success

    TL;DR Breakdown Top U.S. banks passed the Federal Reserve’s annual stress test, demonstrating their resilience and sound financial health. Banks like JPMorgan Chase, Wells Fargo, Goldman Sachs, and Morgan Stanley announced third-quarter dividend hikes. Despite a potential economic downturn scenario, these banks hold more than double the required capital. Description In an impressive testament to their resilience and soundness, leading U.S. banks have celebrated the successful completion of the Federal Reserve’s annual stress test. The crowning moment for these financial institutions was the announcement of the planned increase in third-quarter dividends, proving their mettle in the face of adversity and demonstrating they have the capital … Read more In an impressive testament to their resilience and soundness, leading U.S. banks have celebrated the successful completion of the Federal Reserve’s annual stress test. The crowning moment for these financial institutions was the announcement of the planned increase in third-quarter dividends, proving their mettle in the face of adversity and demonstrating they have the capital reserves to withstand a significant economic downturn. Rising dividends signal robust health The victors of the stress…

    Article 2023年7月4日

  • Smart contracts show resilience amidst market uncertainty

    TL;DR Breakdown The Smart contracts industry has demonstrated great resilience in the face of uncertainty in the market. The demand for blockchain-based solutions remains high. Description The second quarter of 2023 has been regarded by some as a challenging period, with the crypto space experiencing lower investments from venture capital firms. However, despite the setbacks, the smart contracts industry has demonstrated remarkable resilience, driven by growing demand for blockchain-based solutions. A notable player in the blockchain platform sector, BNB Chain, recently … Read more The second quarter of 2023 has been regarded by some as a challenging period, with the crypto space experiencing lower investments from venture capital firms. However, despite the setbacks, the smart contracts industry has demonstrated remarkable resilience, driven by growing demand for blockchain-based solutions. A notable player in the blockchain platform sector, BNB Chain, recently released its Q2 report for 2023, which sheds light on the industry’s current state. Verified smart contracts are on the rise Among the positive indicators is an increase in verified smart contracts on multiple blockchains. BNB Chain, along with platforms like…

    Article 2023年7月28日

  • The New York Times Exposes Startling “Notes” Made by Sam Bankman-Fried’s Girlfriend

    TL;DR Breakdown The New York Times reveals Caroline Ellison’s personal notes, in which she expressed dissatisfaction and feeling overwhelmed with her role as CEO of Alameda Research months before the FTX collapse. The documents suggest that Ellison had full knowledge of the issues plaguing FTX, raising questions about her involvement in the fund mismanagement that resulted in significant losses for investors. Description In a startling turn of events, shocking details regarding Caroline Ellison, the CEO of crypto hedge fund Alameda Research, have emerged from documents accessed by The New York Times. These notes shed light on Ellison’s apparent foreknowledge of the impending collapse of crypto exchange FTX, which initiated Chapter 11 proceedings seven months ago. The collapse … Read more In a startling turn of events, shocking details regarding Caroline Ellison, the CEO of crypto hedge fund Alameda Research, have emerged from documents accessed by The New York Times. These notes shed light on Ellison’s apparent foreknowledge of the impending collapse of crypto exchange FTX, which initiated Chapter 11 proceedings seven months ago. The collapse had far-reaching consequences, affecting cryptocurrency…

    Article 2023年7月21日
TOP