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Man Sentenced To Up To 12 Years For $16M Coinbase Scam

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Bitcoin Magazine Editorial
(07:15 PM UTC)
1 min read
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Reviewed byOlivia Bennett

A scammer who went by the online name “lolimfeelingevil” will face 12 years in prison after pleading guilty for playing his part in stealing $16 million in crypto from Coinbase users. 

Ronald Spektor, 23, from Brooklyn, New York, posed as a representative from America’s biggest crypto exchange and told victims their accounts were under threat from hackers, according to the Brooklyn…

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