Indiana Man Sentenced for $37 Million Cryptocurrency Theft
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💰🔗 Indiana man sentenced to 20 years for $37 million cryptocurrency heist. Evan Frederick Light, 22, was sentenced to two decades in federal prison for hacking into an investment holdings company’s servers and stealing over $37 million in cryptocurrency. Using a stolen identity, Light accessed sensitive client information and executed the theft from 571 clients. To obscure the origin of the stolen funds, he transferred the cryptocurrency through various global locations, including mixing services and gambling sites. Light’s criminal activities included a previous intrusion, bringing his total theft to approximately $80 million. In addition to his prison sentence, he faces restitution payments, with a future hearing to determine the exact amount owed to victims.
