Crypto Burglar Who Broke into Homes to Steal Hardware Wallets Gets 78 Months
Cointelegraph
A 20-year-old California man received a 78-month prison sentence for his role in a $250 million crypto theft conspiracy involving physical home invasions.Summary
Marlon Ferro, known online as "GothFerrari," has been sentenced to 78 months in federal prison for his participation in a massive cryptocurrency theft ring. Operating between 2023 and 2025, the criminal organization defrauded victims of over $250 million. Ferro acted as the group's physical enforcer, breaking into homes in states like Texas and New Mexico to steal hardware wallets when remote hacking attempts failed. The stolen proceeds funded a lavish lifestyle, including luxury cars, watches, and private jet travel. Ferro also assisted with money laundering and legal fees for other conspirators before being apprehended by the FBI and IRS.
(Source：Cointelegraph)