A former employee at Microsoft (NASDAQ:MSFT) has been arrested for a scheme to steal $10 million in cryptocurrency, the Associated Press (AP) reported on July 17.
The man — a 25-year old Ukrainian national, Volodymyr Kvashuk, allegedly used the ill-gotten proceeds to buy a $160,000 Tesla (NASDAQ:TSLA) car and a $1.7 million lakefront home. During the seven months of his scheme, $2.8 million was found to have been transferred into his bank accounts.