Singapore man pleads guilty to orchestrating $240 million bitcoin theft from D.C. resident

By The Washington Times (Business) | Created at 2026-09-08 23:15:16 | Updated at 2026-09-18 18:10:33 1 week ago

A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident - one of the largest cryptocurrency thefts in U.S. history - and then embarking on a wild spending spree with the laundered proceeds.

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