Private key theft + transaction revocation, this tactic is dirtier than phishing; the second trial's ten and a half years set a red line for future generations.

Coin World reports, according to the Procuratorial Daily, that in a virtual currency theft case in Wuhan, the main culprit, Lin and three other people, used trading virtual currencies as a pretext, secretly took photos of the victims’ digital wallet private keys, and reversed the transactions. They committed theft of virtual currencies three times, causing losses of 660,000 yuan to the victims. In the first instance, the court sentenced the three defendants on the basis of “other serious circumstances,” imposing prison terms ranging from five years and six months to eight years. After the prosecution appealed, the Wuhan Intermediate People’s Court, in the second trial, determined that the amount involved in the theft was especially large, and changed the sentence: the main culprit Lin was sentenced to fixed-term imprisonment of ten years and six months; the co-defendants, Zeng and Dai, each received eight years, along with fines.