New York, NY — A man accused of making over a million dollars selling Chuck E. Cheese tokens on the streets of New York City was reportedly taken into custody over the weekend.
Authorities raided 36-year-old Antonio Jenkins’ home Sunday morning and arrested him. The local police department received numerous calls from fraud victims that a man sold them “Bitcoins,” only to find out there is no such thing as a tangible Bitcoin. Officials say $1.1 million of cash were retrieved from Jenkins’ home. Jenkins’ reportedly scratched off the Chuck E. Cheese logo engraved on the tokens and replaced it with a “B” written with permanent marker.
As many know, Bitcoin is a cryptocurrency with which transactions can be made on a decentralized distributed ledger called the blockchain. It recently broke records as its value soared to unprecedented heights. One bitcoin is currently worth $18,631. Despite there being no tangible bitcoins in circulation, some people have successfully managed to trick unsuspecting victims into purchasing worthless gold-colored coins, in this case Chuck E. Cheese tokens.
“People are retarded haha”, said NYPD Officer Steven Longbottom, “My 8 year old son would know those weren’t bitcoins and Lord knows he’s not the brightest”.
Jenkins is currently facing charge of fraud and is looking at up to 5 years in federal prison.