Reason 24/7

18-Year-Old Says $1 Million in Bitcoin Stolen From His Bank, Doesn't Want to Go to Police

Considers giving them the bitcoin keys tantamount to giving them the bitcoins

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An 18-year-old Australian says that he has had $1 million in Bitcoin stolen from the Bitcoin "bank" he was running, but he cannot go to the police because he worries that giving authorities the keys to investigate the case is the same as giving them control of the money itself, according to ABC Australia.

The man ran a Bitcoin bank called Tradefortress.

h/t Mark Sletten