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Kunal Mehta guilty plea in DOJ $230 million crypto-heist case

Law Enforcement
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Kunal Mehta pleaded guilty in a federal cybercrime case tied to a $230 million cryptocurrency heist, expanding the legal record against the laundering network. The plea confirms his role as a money launderer who helped move stolen crypto through shell entities and financial accounts. He admitted laundering at least $25 million from the scheme.

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Timeline

  1. 19.11.2025 14:13 2 articles · 6mo ago

    Kunal Mehta pleads guilty in federal crypto laundering case

    Legal Policy Action Update

    Kunal Mehta, a 45-year-old from Irvine, California, pleads guilty to laundering at least $25 million tied to a $230 million cryptocurrency heist. Court records say he was the eighth defendant to plead guilty after Department of Justice charges in May 2025, and investigators allege he created multiple shell companies in 2024 to move stolen cryptocurrency through bank accounts and wire transfers.

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