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Indian school student threatened to blow up Miami airport in revenge for stolen bitcoins

18-year-old Indian resident threatened to blow up Miami airport, after futilely addressing the FBI with requests to help in getting his stolen bitcoins back.

As reported by Indian daily Hindustan Times, the young man, who has not been named, addressed his threats to Miami airport authorities. He said he will attack the facility by “barging into it with an AK-47 assault rifle, grenades, and suicide belt”, in revenge to his failed attempt to urge the FBI to help him in recovering BTC he had earlier lost to a US-based fraudster. The boy had reportedly called the FBI more than 50 times in hopes of initiating an investigation on the matter in the course of the last month.

The threats were made from multiple email IDs and phone numbers acquired using fake identities. The FBI sought the assistance of India’s National Investigation Agency (NIA) for tracking down the caller. It didn’t take NIA too much time to trace the calls to a small town in the Indian state of Uttar Pradesh.

The young criminal was detained and interrogated, but hasn’t been formally arrested. He is now charged with multiple crimes under the Indian Penal Code and the IT-Act for issuing terror threats. The case is pending further investigation as the perpetrator is too young to be tried as an adult. Moreover, the interrogation revealed that the boy is “studious” and his threats are likely to be “naïve and unintentional”.

During his interrogation, the young man confessed to having made considerable profits with BTC over the past five months after he invested $1 000 borrowed from his father. Last month, he was taken by a con man, however, who cheated him out of his coins by promising even bigger returns.

It is worth noting that in September, the Reserve Bank of India (RBI) filed an affidavit stating that cryptocurrencies, such as bitcoins, could not be recognized under the current legal regime as a legal means of payment. However, the Supreme Court of India has recently asked the Union of India to file a counter affidavit in response to a petition to either regulate or ban bitcoin.