Swedish man loses Bitcoin password, sends UK letterbomb

Swedish man loses bitcoin password

Swedish man loses Bitcoin password, sends UK letterbomb

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Swedish resident Jermu Michael Salonen lost his Cryptopay wallet account password in August 2017. When the company refused to provide a new password for privacy and security reasons, that’s when things became potentially explosive.

With no resolution by November 2017, Salonen built a potentially lethal letterbomb and sent it to two employees at the Cryptopay accounting office in the London Borough of Hackney.

 

Letterbomb explosion prevented

 

Meanwhile, the package was not opened until March 8, 2018, due to an office move by the cryptocurrency company. A suspicious employee stopped opening the package and called the police.

British and Swedish police cooperated in the investigation tracking the Swedish man DNA on the Interpol database and finding bomb-making equipment at his home.

UK police said it was fortunate the employee had opened the package in the middle, avoiding detonation if the package had been opened at the end flap.

“We are relieved that no one from The Accountancy Cloud team was hurt in this incident,” a spokesman for Cryptopay told the BBC. “None of our employees have ever worked at that address.”

“The vast majority of our employees work remotely across Europe, but we are implementing additional security measures to prevent any potential harm to our employees anyway’” the spokesman added.

Cryptopay

Founded in October of 2013, Cryptopay is a wallet and payment services platform for merchants and consumers. The company says it has since changed its password security protocols.

Salonen was sentenced to six-and-a-half years in prison in Stockholm.

This is another evolution in the new kinds of crimes police are faced with, as cryptocurrency gains wider usage by business and consumers.