From an acquaintance by memorizing his seed phrase. While helping setup the wallet, the man looked over the victim's shoulder and memorized 11 of the 12 recovery words, later brute-forcing the final word on a computer. Despite China's strict crypto bans, the court officially recognized Bitcoin as digital property and ordered the thief to return all funds.
A man in China has been sentenced to 11 years in prison for stealing 107 BTC (around $7 million)




