A Georgia state senator named Michael Williams has been sent to jail after he allegedly lied to the authorities about a theft involving cryptocurrency mining equipment worth $300,000.
According to a piece from The Guardian, the Republican state senator reported a non-existent theft in a falsified police report and even gave a false statement over the matter. Williams alleged that over $300,000 worth of servers and mining equipment had disappeared from his office which was found to be false by the investigating teams.
The prosecutors believe that the legislator was lying and the theft never took place. The mining equipment was used to mine a number of cryptocurrencies. Subsequently, he was indicted on three charges by a grand jury and he handed himself over to the authorities after that.
According to Williams’ attorney A.J Richman:
“Right now, our position is Mr. Williams did not do this… We’re not really apprised of their evidence yet. They haven’t disclosed that. I’m sure they will soon, but at this point, we don’t know what it is they’re saying other than what the indictment says.”
While Williams himself is not a popular figure in the legislature, he did sponsor several cryptocurrency payments related bills over there. This theft, however, raised a few question marks regarding his ethical standing and whether or not he is fit to serve as a state senator in the state of Georgia.
Williams’ case is the first one in which a sitting state legislator was sent to jail due to involvement in a cryptocurrency-related matter.
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