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via The Block · By The Block Editorial

California man gets 78 months in prison for role in $250 million crypto theft ring

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The Block Editorial

(02:35 AM UTC)

1 min read

Reviewed byMichael Roberts

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A U.S. federal court has sentenced a California man to 78 months in prison for his role in a nationwide social engineering conspiracy that stole over $250 million in crypto assets across the country.

Marlon Ferro, a 20-year-old man also known as "GothFerrari," received the sentencing on Wednesday, and was ordered to serve three years of supervised release and to pay $2.5 million in restitution…

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