A man from Indiana pleaded guilty to stealing over $37M in cryptocurrency from 571 victims during a 2022 cyberattack.
Evan Frederick Light, 21, of Lebanon, Indiana, pleaded guilty to conspiracy to commit wire fraud and conspiracy to launder monetary instruments.
Using a real client’s identity, Light accessed the company’s servers, exfiltrated personal identifiable information (PII) of other clients, and stole virtual currencies from their accounts.
He funneled the stolen funds to various locations throughout the world to launder them.