Sunday, August 24, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Teen Pleads Guilty to $245 Million Bitcoin Theft

23 June 2025
in Altcoin
Reading Time: 3 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


On June 22, US federal prosecutors are urging the courtroom to maintain Veer Chatel, a 19-year-old, in custody after he admitted to stealing $245 million value of Bitcoin


BTC

$102,459.30

.

They stated {the teenager} may attempt to escape the nation earlier than sentencing, and that individuals he labored with might assist him do it.

Latest unsealed paperwork revealed that Chatel pleaded responsible in Washington, DC, to taking part in a 2024 scheme involving wire fraud and cash laundering. The case facilities on a large-scale Bitcoin theft carried out by way of faux tech help calls.

Do you know?

Wish to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer movies each week!

What’s Curve Finance in Crypto? (Animated Clarification)

What is Curve Finance in Crypto? (Animated Explanation)
What is Curve Finance in Crypto? (Animated Explanation)

In line with ZachXBT’s submit on X, Chatel would name victims pretending to be from an organization’s assist desk. He would information them by way of a course of that gave his workforce entry to their accounts.

As soon as inside, the attackers would trick victims into revealing their crypto pockets particulars. They then transferred the funds from Gemini

$315.13M

trade accounts into wallets they managed.

Authorities said that Chatel used skilled cash launderers to cover the stolen funds. Alongside together with his co-conspirators, Malone Lam and Jeandiel Serrano, he spent the cash on watches, designer clothes, and a number of other automobiles.

When the FBI searched his house, they discovered about $37 million in crypto related to the heist. Officers additionally consider he defrauded round 50 extra folks, which generated one other $3 million for himself.

As a part of his plea deal, Chatel agreed to surrender luxurious items bought with the stolen cash. He’s anticipated to face between 19.5 and 24.5 years in jail, together with a advantageous that might vary from $50,000 to $500,000.

In the meantime, International Ledger and Recoveris, in collaboration with Reuters, just lately discovered that Russia’s Federal Safety Service (FSB) has been utilizing Bitcoin to pay a Canadian teenager. What was the FSB’s motive? Learn the complete story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Struggle II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for every part and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish inexperienced persons.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and on the lookout for the subsequent supernova.



Source link

Tags: BitcoinguiltymillionpleadsteenTheft
Previous Post

Bitcoin (BTC) Faces Downward Pressure Amid Middle East Conflicts

Next Post

Nicholas Sparks Books in Order: A Journey Through Love and Loss

Related Posts

Ben Waxman to Block Politicians From Crypto Trading
Altcoin

Ben Waxman to Block Politicians From Crypto Trading

23 August 2025
DOJ Hints No Second Trial for Tornado Cash’s Roman Storm
Altcoin

DOJ Hints No Second Trial for Tornado Cash’s Roman Storm

23 August 2025
Microsoft AI Chief: Public Isn’t Ready for “Conscious” AI
Altcoin

Microsoft AI Chief: Public Isn’t Ready for “Conscious” AI

24 August 2025
13 Traders Score $24M From Kanye West’s YZY Token Crash
Altcoin

13 Traders Score $24M From Kanye West’s YZY Token Crash

22 August 2025
UK Hits Kyrgyz Banks and Crypto Tied to $9.3B Ruble Token
Altcoin

UK Hits Kyrgyz Banks and Crypto Tied to $9.3B Ruble Token

21 August 2025
Market panic is back
Altcoin

Market panic is back

21 August 2025
Next Post
Nicholas Sparks Books in Order: A Journey Through Love and Loss

Nicholas Sparks Books in Order: A Journey Through Love and Loss

$SNORT And Telegram Trading Bots – A Closer Look at This Technically Driven Crypto Presale

$SNORT And Telegram Trading Bots – A Closer Look at This Technically Driven Crypto Presale

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
Ether Soars In August—But Will September Spoil The Party?

Ether Soars In August—But Will September Spoil The Party?

24 August 2025
Solana Eyes $360 After Breaking $200 – Here’s Why $SNORT Could Deliver Bigger Gains

Solana Eyes $360 After Breaking $200 – Here’s Why $SNORT Could Deliver Bigger Gains

24 August 2025
Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

24 August 2025
Why Luca Netz Will Be ‘Disappointed’ If Pudgy Penguins Doesn’t IPO Within 2 Years – Decrypt

Why Luca Netz Will Be ‘Disappointed’ If Pudgy Penguins Doesn’t IPO Within 2 Years – Decrypt

24 August 2025
As September looms, is Ethereum due a seasonable pullback?

As September looms, is Ethereum due a seasonable pullback?

24 August 2025
PEPE Price Prediction: Bearish Consolidation Targets $0.0000142 by Early September

PEPE Price Prediction: Bearish Consolidation Targets $0.0000142 by Early September

24 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$114,639.00-0.42%
  • ethereumEthereum(ETH)$4,933.013.85%
  • rippleXRP(XRP)$3.102.83%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$881.51-0.01%
  • solanaSolana(SOL)$211.413.63%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,919.033.80%
  • dogecoinDogecoin(DOGE)$0.2406821.62%
  • tronTRON(TRX)$0.3679951.83%