A 24-year-old man from Florida has been convicted of operating a crypto-stealing scheme that additionally included kidnapping and assault.
In a brand new press launch, the U.S. Division of Justice (DOJ) says that Remy St. Felix, from West Palm Seashore, was the mastermind of a housebreaking crew that focused crypto homeowners from September 2022 to July 2023 in a number of states.
In response to the DOJ, St. Felix and his crew would invade properties, kidnap the victims, and pressure them to entry after which drain their cryptocurrency wallets. To do that, St. Felix and his co-conspirators would hack into their targets’ electronic mail accounts and conduct bodily surveillance beforehand.
Then, after stealing the funds, they’d launder them utilizing privacy-enhanced digital belongings, similar to Monero (XMR), decentralized trade (DEX) platforms with no know-your-customer (KYC) laws, in addition to “immediate exchanges.”
As said by Principal Deputy Assistant Legal professional Common Nicole M. Argentieri, head of the Justice Division’s Felony Division,
“St Felix and his co-conspirators focused victims throughout america for brutal dwelling invasions, kidnappings, and robberies with a view to steal cryptocurrency.
Though the members of this violent conspiracy tried to cowl their tracks by encrypted communication and nameless monetary transactions, they weren’t past the attain of our devoted investigators and prosecutors.”
In a single case, throughout April 2023, St. Felix and one other individual broke into somebody’s dwelling, zip-tied them, held them at gunpoint, and threatened the sufferer and their partner whereas stealing $150,000 value of crypto belongings from them.
St. Felix was arrested in July 2023 as he was on his technique to conduct one other dwelling invasion, in response to the DOJ. He was convicted on 9 counts and will face a minimal of seven years behind bars and a most penalty of life in jail.
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