Imagine trading digital money, like Bitcoin! A British man, Graham, got into big trouble because he didn't tell the truth about his Bitcoin in a court case. He was trading with another person, and things went wrong.
He promised to give back some digital money called Tezos, but he didn't. The court found out he secretly had lots more Bitcoin than he said. This shows how important it is to be honest in court cases, even when it's about digital money.
The judge wasn't happy and sent him to jail.
- Graham traded Bitcoin for Tezos.
- He didn't return the Tezos as promised.
- He hid his Bitcoin from the court.
- He went to jail, but was released early.
Fact | Number |
---|---|
Bitcoin hidden | 100 |
Value of hidden Bitcoin | About £8 million (that's about $10 million!) |
Jail sentence (originally) | 18 months |
Jail sentence (served) | 146 days |