Crypto gang member gets 6.5 years for role in $230 million heist

A criminal ring targeted cryptocurrency holders from late 2023 through early 2025, using social engineering, account compromise, and residential burglaries to steal hardware wallets and launder over 4,100 BTC (worth more than $230M at the time). Multiple suspects were charged under a RICO conspiracy, with convictions and prison sentences (including Marlon Ferro) and restitution ordered; the group used mixing services and exchanges to launder proceeds and financed lavish lifestyles.