Perth-based crypto trader, Andre Zachary Rebelo, has been sentenced to 25 years in prison for murdering his mother in a $1.15M insurance plot.
Rebelo staged the scene to look like a natural death after taking out three insurance policies on his mother, driven by debt and a desire to impress his ex-partner.
The judge referred to the act as a calculated betrayal, considering Rebelo's motives and his mother's devotion to her children.
Rebelo's actions highlight the extremes some individuals may go to in the crypto trading industry, in an attempt to demonstrate success or secure financial stability.