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Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident

Asia-Pacific 2 sources 2 countries 🔦 Under-reported 42m ago

On Tuesday, a 22-year-old man from Singapore pleaded guilty to orchestrating the theft of nearly a quarter-billion dollars in bitcoin from a resident of Washington, D.C. The defendant carried out the scheme alongside several friends.

The illicit acquisition of approximately $240 million in cryptocurrency ranks as one of the largest thefts of its kind in United States history.

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Read the full story at the source WTOP News - Washington DC (Washington DC, US) · US
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Covered by 2 sources