Brazil’s STF rejects appeal in Bitcoin extortion case
BROBROK News · Based on reporting by Livecoins ·
Brazil’s Supreme Federal Court declined to hear a habeas corpus request from a man convicted of demanding 0.15 BTC to stop cyberattacks against a telecom company in Tocantins. The ruling keeps in place a six-year, four-month sentence in semi-open custody for aggravated extortion.
Key points
- The case stems from a 2019 DDoS attack on Zap Telecomunicações in Palmas.
- The attackers demanded the equivalent of $1,000 in 0.15 BTC.
- They also threatened an extra 0.02 BTC per day if payment was delayed.
- The victim sent 0.12965869 BTC through the BitcoinTrade exchange.
- The STF decision leaves the lower-court conviction intact.
Why it matters
The ruling links Bitcoin to a cyberextortion case and shows how crypto-related demands can be handled in criminal proceedings. It also highlights the legal risks tied to using digital assets in coercive schemes.
Original headline: “STF nega recurso de hacker que pediu 0,15 bitcoin para parar ataque contra empresa”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.