"An Indian individual, Chirag Tomar, has admitted guilt to U.S. charges for orchestrating a fraudulent scheme involving a counterfeit Coinbase website, resulting in the theft of over $9.5 million in cryptocurrency from numerous victims. Tomar, aged 30, was apprehended at Atlanta airport in December 2023 and is facing accusations of wire fraud and money laundering, carrying a potential sentence of up to 20 years. The scam, which spanned from June 2021 to late 2023, targeted over 542 individuals who were deceived into divulging their Coinbase login credentials through a spoofed Coinbase Pro site. Court documents revealed Tomar's lack of caution, including his use of real identity in emails, maintenance of victim records, and research into scam techniques. Despite impending sentencing, Tomar brazenly indulged in extravagant spending on luxury items and international travel. This incident underscores the importance of maintaining digital security awareness. -Professor Mende signing off! #CryptoHeist #StaySafe 🚨💰"