Brazil's top court upholds prison term for man who bombed supermarkets to extort bitcoin
- —STJ rejected the defense appeal, upholding the conviction
- —Sentence: 43 years and 10 months in closed regime plus 55 days of fines
- —Extortion demand: 300,000 reais in bitcoin under threat of bombings
- —A seven-year-old boy and a woman were injured but survived
Why it matters: The case shows that violent crypto extortion carries severe prison terms, with phone and blockchain traces helping investigators identify the perpetrator.
Source: Livecoins