US businessman obtains High Court order as part of effort to track down missing Bitcoin worth €1.49m
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A United States-based businessman who claims over US$1.8m worth of the online currency bitcoin was stolen from him has secured an order from the Irish High Court as part of his efforts to track down his money.
Titus Williams, from Springfield in the US midwestern state of Missouri claims he purchased 33.7 bitcoin in February of this year, which he claims was taken from his personal Blockchain cryptocurrency online wallet a few days later.
He believes that his money has been lodged in the account of an Irish registered entity in the name of person currently unknown to him and his lawyers.
A US based businessman who claims more than $1.8 million (â¬1.5 million) worth of the online currency bitcoin was stolen from him has secured an order from the High Court as part of his efforts to track down his money.
Titus Williams, from Springfield, Missouri, claims he purchased 33.7 bitcoin in February of this year.
He claims he was taken from his personal Blockchain cryptocurrency online wallet some days later.
He believes his money has been lodged in the account of an Irish registered entity in the name of a person currently unknown to him and his lawyers.
Mr Williams, who works in the property sector, made a complaint to the FBI and Springfield police about the missing bitcoin, and also hired a specialist cryptographic tracing firm to help track down his money.
Springfield businessman files lawsuit after he says $1.8 million in Bitcoin was stolen Harrison Keegan, Springfield News-Leader
Correction: An earlier version of this story incorrectly associated Titus Williams with a south Springfield property being developed by his brother, Phil Williams. Although the brothers sometimes do business together, Titus Williams is not a partner in RW Developments LLC or its project on South Campbell Avenue.
A Springfield real estate businessman has filed a lawsuit against Coinbase Global Inc. and an unnamed suspect after he says $1.8 million of his Bitcoin was stolen overnight.
Titus Williams, president of Prosperiti Partners in Springfield, is mounting a complicated legal battle to recover the funds, which his lawyer said were meant to be used to build out a piece of property in Missouri.