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Bitcoin’s dark side: Nevada woman sentenced for crypto-funded murder plot

TL;DR

  • Nevada woman, Kristy Lynn Felkins, gets five years for hiring a hitman with Bitcoin.
  • Felkins planned to claim life insurance after her ex-husband’s murder.
  • The case underscores the potential misuse of Bitcoin and the risks of anonymity online.

In a chilling case that highlights the potential misuse of cryptocurrency, Kristy Lynn Felkins, a 38-year-old woman from Nevada, has been sentenced to five years in prison for attempting to hire a hitman to murder her ex-husband. The case has drawn attention to the dark side of Bitcoin, which Felkins used to facilitate anonymous transactions for her sinister plan.

The gruesome details of the plot and Felkins’ guilty plea

The narrative began in 2016 when Felkins initiated communication with an entity she believed to be a hitman-for-hire on a dark web platform. Unknown to her, the website was a scam that preyed on unsuspecting customers seeking illicit services. The supposed hitman, operating under pseudonyms, lured Felkins into a web of deceit, promising to carry out the murder in exchange for $5,000 worth of Bitcoin.

Felkins’ intentions went beyond merely eliminating her ex-husband. She expressed indifference to the well-being of her ex-husband’s new partner, callously disregarding any harm that might occur to her during the planned murder. Investigations revealed Felkins’  motive – she hoped to claim a substantial life insurance payout upon her ex-husband’s demise, adding a disturbing financial incentive to her sinister plot.

Felkins inquired whether the hitman could make the murder appear as a random act of violence. This disturbing question reflected a cold and calculated mindset driven by a desire to escape suspicion and evade justice. As the legal proceedings unfolded, Felkins ultimately pleaded guilty to a murder-for-hire charge, seeking to evade a lengthy trial that could expose her evil intent. To secure a more lenient sentence, she entered into a deal with federal prosecutors, confessing to her wicked plans.

In a landmark ruling, a U.S. District Court Judge in California has rendered a verdict by sentencing Felkins to five years in prison for her participation in the attempted murder-for-hire scheme.

This case highlights the dark and alarming convergence of anonymity and Bitcoin in the depths of the internet, posing a significant threat to our digital society. It is essential to know that while Bitcoin and other cryptocurrencies offer many benefits, including the ability to make anonymous transactions, this case serves as a reminder of the potential misuse of these technologies.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Damilola Lawrence

Damilola is a crypto enthusiast, content writer, and journalist. When he is not writing, he spends most of his time reading and keeping tabs on exciting projects in the blockchain space. He also studies the ramifications of Web3 and blockchain development to have a stake in the future economy.

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