Crypto Coder Jailed for Stealing Employer’s Source Code

A crypto coder has been jailed after stealing his employer’s source code, valued at over €400,000, and using it to create his own cryptocurrency. The individual, whose identity hasn’t been disclosed, worked for a company developing blockchain technology. He exploited his access to download the source code and went on to launch a competing cryptocurrency, causing significant financial harm to his former employer.The court took a serious view of the breach of trust, handing down a custodial sentence. The case highlights the risks companies face from insider threats, particularly in the tech and crypto sectors.