Georgia State Senator Arrested for Lying about ‘Stolen’ Crypto Mining Equipment

Michael Williams, a state Senator from Georgia, has turned himself over to authorities after he was accused of insurance fraud.

Williams, who co-introduced the Senate Bill 464—which aimed to compel the state’s revenue authority to receive cryptocurrency as payments for taxes—was charged by a Hall County grand jury on December 18 after an investigation was carried out by the Georgia Bureau of Investigation. According to prosecutors, back in May 2017, Williams lied about the theft of computer servers that were being used to mine cryptocurrency from his campaign offices, which were located on Monroe Drive in Gainesville.

At the time, Williams’ campaign manager claimed that the burglars carted away with computer equipment worth $300,000. He was also said to have been using the servers for LPW Investments, his business, while conducting campaign-related operations in a different part of the building. He was eventually accused of lying to policemen and investigators and filing a false insurance claim concerning the case.


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