• 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

Howells Warns Against Leverage Trading for New Crypto Investors

chest

James Howells warns newcomers to avoid leverage trading due to its high risks.

user avatarDavid Robinson

SBI Group to Launch USDC-Based Cashless Payment Pilot in Japan

chest

SBI Group is set to pilot a new cashless payment system in Japan utilizing USDC, focusing on in-store payments via QR codes.

user avatarAndrew Smith

Remittix RTX Activates Live Settlement Execution Layer

chest

Remittix RTX has launched its live settlement execution layer, marking a significant transition from development to active testing of its PaymentFi infrastructure.

user avatarZainab Kamara

Remittix Continues to Focus on Multiroute Transfer Architecture

chest

Remittix RTX focuses on multiroute transfer architecture to enhance reliability and adapt to liquidity variations during live testing.

user avatarJacob Williams

Increased Utility of XRP Ledger

chest

Coach JV discussed the growing use of the XRP Ledger as financial infrastructure by institutions, highlighting its potential for retail adoption.

user avatarSon Min-ho

Institutional Interest in XRP Grows

chest

Coach JV highlighted insights from industry leaders on XRP's appeal to financial advisors, noting its long track record and use cases that make it a desirable asset for institutions.

user avatarTando Nkube

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.