Burglar Jailed for Role in US$250m Crypto Theft Ring Allegedly Led by Singaporean Malone Lam

Crypto Burglar Who Broke into Homes to Steal Hardware Wallets Gets 78 Months

A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than $250 million. Marlon Ferro, of Santa Ana, known online as “GothFerrari,” was sentenced to 78 months in prison alongside three years of supervised release and $2.5 million in restitution, the US Attorney’s Office for the District of Columbia said Wednesday. Ferro pleaded guilty in Octobe…

Crypto gang member gets 6.5 years for role in $230 million heist

A 20-year-old California man was sentenced to 78 months in prison for serving as a home invader and money launderer in a criminal ring that stole over $250 million in cryptocurrency.

Burglar jailed for role in US$250m crypto theft ring allegedly led by Singaporean Malone Lam

Marlon Ferro also arranged to buy and send luxury handbags for Malone Lam’s girlfriend after the latter was detained by authorities.

Hardware Wallet Thief Gets 78 Months in Prison Over $250M Crypto 'Heist'

‘GothFerrari’ was sentenced for his part in a criminal enterprise that stole crypto through social engineering and physical break-ins.

Crypto thief gets 78 months as $250M wallet ring collapses

California man gets 78 months in prison for a $250M crypto theft ring that used social engineering, laundering and hardware wallet raids.

‘GothFerrari’ Sentenced to 78 Months in Prison for Role in Massive Cryptocurrency Heist

He’s 20 years old and has just been sentenced to 6 1/2 years in prison. The U.S. Attorney’s Office for the District of Columbia announced today: WASHINGTON – Marlon Ferro, 20, of Santa Ana, California, was sentenced today in U.S. District Court to 78 months in prison in connection with his role in a sprawling social engineering conspiracy that stole well over $250 million... Source