• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Florida: 25-Year-Old Man Gets 47 Years for Series of Crypto Thefts

user avatar

by Giorgi Kostiuk

a year ago


  1. A Sophisticated Gang Operating Across Multiple States
  2. Exemplary Sentences for the Entire Criminal Network
  3. Punishments and Restitution

  4. A 25-year-old man from Florida has been sentenced to 47 years in prison for orchestrating a series of violent burglaries aimed at stealing millions in crypto. This case highlights the increase in violent crypto-related crimes.

    A Sophisticated Gang Operating Across Multiple States

    Remy Ra St. Felix, 25, has been sentenced to 47 years in prison for orchestrating a series of home invasions aimed at stealing crypto. At the head of a criminal group operating from Florida to New York, St. Felix had developed a well-rehearsed modus operandi.

    Exemplary Sentences for the Entire Criminal Network

    While Remy Ra St. Felix received the heaviest sentence, his accomplices were not spared. Jarod Gabriel Seemungal, 23, was sentenced to 20 years in prison and 4 million dollars in restitution. Jose Alfredo Avila, 27, is serving a 20-year sentence with a fine of 365,100 dollars.

    Punishments and Restitution

    In total, 12 people were convicted in this case, with sentences ranging from 5 to 47 years in prison. The restitution amounts ordered exceed well over a million dollars for some defendants.

    This case marks a turning point in the crackdown on crypto-related crimes in the United States. Faced with an increase in thefts and scams targeting the crypto sector, authorities are clearly taking a tougher stance.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Morgan Stanley Expands Bitcoin Offerings

chest

Morgan Stanley announces plans to enhance its Bitcoin and cryptocurrency services, moving towards native custody and an internal exchange platform.

user avatarRajesh Kumar

Binance Expands Product Suite with Gold Futures Trading

chest

Binance has introduced gold futures trading, allowing users 24/7 access to price exposure on gold.

user avatarLucas Weissmann

Citi Plans to Integrate Bitcoin into Traditional Finance

chest

Citi announces plans to introduce infrastructure for Bitcoin integration into traditional finance by 2026.

user avatarTomas Novak

BNB Shows Resilience Despite Market Fluctuations

chest

BNB shows technical resilience despite recent market volatility, maintaining a strong position above its 200-week moving average.

user avatarFilippo Romano

Hyperliquid Announces HIP6 Upgrade for Token Launches

chest

Hyperliquid HYPE is preparing a significant upgrade known as HIP6, which will introduce a framework for permissionless, onchain token launches.

user avatarEmily Carter

Ethereum Faces Volatility Around $2,000 Mark

chest

Ethereum is experiencing heightened volatility as it hovers around the critical $2,000 threshold, with limited conviction in price stabilization.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.