Florida Man Convicted for Violent Kidnapping, Assault and Crypto-Stealing Scheme

A 24-year-old man from Florida has been convicted of working a crypto-stealing scheme that additionally included kidnapping and assault.

In a brand new press release, the U.S. Division of Justice (DOJ) says that Remy St. Felix, from West Palm Seashore, was the mastermind of a housebreaking crew that focused crypto house owners from September 2022 to July 2023 in a number of states.

Based on the DOJ, St. Felix and his crew would invade properties, kidnap the victims, and pressure them to entry after which drain their cryptocurrency wallets. To do that, St. Felix and his co-conspirators would hack into their targets’ e mail accounts and conduct bodily surveillance beforehand.

Then, after stealing the funds, they might launder them utilizing privacy-enhanced digital belongings, similar to Monero (XMR), decentralized change (DEX) platforms with no know-your-customer (KYC) rules, in addition to “prompt exchanges.”

As acknowledged by Principal Deputy Assistant Legal professional Common Nicole M. Argentieri, head of the Justice Division’s Prison Division,

“St Felix and his co-conspirators focused victims throughout america for brutal residence invasions, kidnappings, and robberies with the intention to steal cryptocurrency.

Though the members of this violent conspiracy tried to cowl their tracks by encrypted communication and nameless monetary transactions, they weren’t past the attain of our devoted investigators and prosecutors.”

In a single case, throughout April 2023, St. Felix and one other individual broke into somebody’s residence, zip-tied them, held them at gunpoint, and threatened the sufferer and their partner whereas stealing $150,000 price of crypto belongings from them.

St. Felix was arrested in July 2023 as he was on his approach to conduct one other residence invasion, in accordance with the DOJ. He was convicted on 9 counts and will face a minimal of seven years behind bars and a most penalty of life in jail.

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Verify Price Action

Observe us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in internet affiliate marketing.

Generated Picture: DALLE3