{"id":138354,"date":"2024-10-02T14:00:49","date_gmt":"2024-10-02T11:00:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138354"},"modified":"2024-10-02T04:05:28","modified_gmt":"2024-10-02T01:05:28","slug":"man-pleads-guilty-to-major-cryptocurrency-theft-following-cyberattack","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/man-pleads-guilty-to-major-cryptocurrency-theft-following-cyberattack\/","title":{"rendered":"Man Pleads Guilty to Major Cryptocurrency Theft Following Cyberattack"},"content":{"rendered":"<p>Evan Frederick Light from Lebanon, Indiana, <strong><a href=\"https:\/\/www.justice.gov\/usao-sd\/pr\/indiana-man-pleads-guilty-conspiracies-involving-cyber-intrusion-and-37-million\">entered<\/a> <\/strong>his plea on September 30, 2024, facing accusations of conspiracy to commit fraud and money laundering.<\/p>\n<p>The charges relate to a cyberattack orchestrated by Light in February 2022. He targeted an investment holding firm in Sioux Falls, South Dakota, stealing sensitive personal information from nearly 600 victims, which enabled him and his co-conspirators to misappropriate substantial amounts of cryptocurrency, totaling more than $37 million.<\/p>\n<p>U.S. Attorney Alison J. Ramsdell highlighted the importance of this conviction, stating that it showcases the unwavering efforts of the U.S. Attorney\u2019s Office and the FBI in bringing cybercriminals to justice and supporting their victims. She noted, &#8220;Even though this defendant tried to conceal himself in the depths of the cyber underworld, he was not beyond the reach of our team.&#8221;<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/sec-secures-legal-win-against-crypto-company-for-unregistered-ico-securities\/\" title=\"SEC Secures Legal Win Against Crypto Company for Unregistered ICO Securities\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/icosd-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">SEC Secures Legal Win Against Crypto Company for Unregistered ICO Securities<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The charges carry severe consequences, with potential penalties including up to 20 years in prison for each count, substantial fines, and three years of supervised release. The court may also require restitution for the victims.<\/p>\n<p>Alvin M. Winston Sr., the FBI\u2019s Special Agent in Charge for Minneapolis, reiterated the agency&#8217;s commitment to fighting cybercrime. He stated, \u201cCyberattacks represent a significant threat to individuals and businesses alike, and we are dedicated to safeguarding the public from these advanced threats. The FBI will persist in collaborating with our partners to hold accountable those who misuse technology for financial gain.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 21-year-old man has admitted guilt in a federal court to charges connected to a significant cryptocurrency theft exceeding $37 million, as announced by the U.S. Department of Justice (DOJ).<\/p>\n","protected":false},"author":7,"featured_media":22030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-138354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Man Pleads Guilty to Major Cryptocurrency Theft Following 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