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California man jailed for 78 months over $250M crypto theft conspiracy

  • Cointelegraph by Amin Haqshanas--Cointelegraph
  • published date: 2026-05-07 11:07:53 UTC

Marlon Ferro, a 20-year-old from Santa Ana, was sentenced to 78 months in prison for his role in a $250 million crypto theft ring that combined social engineering with residential burglary.

A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than $250 million. Marlon Ferro, of Santa… [+2860 chars]