You're reading: UNIAN: Rogue employee mined 500,000 Bitcoins in 2011, says Russian CEO

The CEO of Russian e-payments firm Qiwi said July 25 that an employee used its payment terminals to mine 500,000 bitcoins in 2011.

CEO Sergey Solonin told the story while speaking to students at the Moscow Advanced Communications School. Solonin – whose company has thrown its weight behind the Russian government’s work with blockchain and launched its own blockchain subsidiary in March of last year – said the experience was what first introduced him to the concept, according to a transcript published on the website Rusbase, reports Coindesk.

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