According to BlockBeats, on October 2, the U.S. Attorney's Office stated that Indiana man Evan Light pleaded guilty to charges of conspiracy to commit wire fraud and conspiracy to launder money and stole more than $37 million worth of cryptocurrency from nearly 600 victims.
Court documents show that in February 2022, Light was involved in a cyber intrusion involving an investment holding company based in Sioux Falls, South Dakota. Light is accused of stealing personal information and then stealing assets from hundreds of victims.
The statement said that under Light's control, the stolen cryptocurrency was transferred around the world, including to multiple mixing services and gambling sites, in order to hide his identity and conceal the virtual currency.
