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Miami IT Worker Arrested in $1.9 Million Bitcoin Theft from Former Boss

Bitcoin Magazine
A Miami IT specialist was arrested for allegedly stealing $1.9 million in Bitcoin from his former employer by exploiting a trusted hardware wallet setup.

Summary

Nahum Reynaldo Castro, an IT worker in Miami, was arrested for grand theft and money laundering after stealing approximately $1.9 million in Bitcoin from his former employer. The theft occurred in 2020 after Castro, who was entrusted with the wallet's security setup in 2017, used the recovery seed phrase to access the funds. The victim discovered the theft in 2025 when moving the hardware wallet from a safe, only to find it empty. Investigators linked the theft to Castro through bank records that correlated with the unauthorized transactions.

(Source:Bitcoin Magazine)