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Police Officer Pleads Guilty to Selling Stolen Bitcoin Mining Hardware
An ex-cop in New Jersey indicted last year for trying to sell stolen bitcoin mining equipment has reportedly plead guilty.
An ex-cop in New Jersey indicted last year for trying to sell stolen bitcoin mining equipment has reportedly plead guilty.
Regional news service NJ.com reported today that Vincent Saggese plead guilty to official misconduct and receiving stolen property after being caught in a sting operation last year.
STORY CONTINUES BELOW
Saggese was charged in April 2015 after attempting to sell a collection of stolen computer equipment that included mining products from KnCMiner.
A 10-year veteran of the Plainfield Police Department, Saggese faces a sentence of as much as five years probation and mandatory community service.
Handcuff image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
