A Florida man has been convicted of scheming to steal cryptocurrencies – but not in the way you might first expect. Remy St Felix, a 24-year-old from West Palm Beach, was found guilty by a federal jury in North Carolina for his role in overseeing a gang that broke into US homes, violently kidnapped citizens, and stole their crypto.
While US$1.7bil (RM8bil) in crypto was stolen last year, the lion's share was via hackers breaking into wallets and exchanges remotely, according to Chainalysis. Crypto stolen in person – such as by physically forcing a victim to drain an account – is reported far less often.
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