Marlon Ferro sentencing in crypto heist case
Law Enforcement
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Federal prosecutors and the court sentenced Marlon Ferro to 78 months in prison for helping launder proceeds from a cryptocurrency theft ring that stole over $250 million. The case adds another confirmed penalty in a broader federal cybercrime conspiracy that used both social engineering and residential burglaries to drain victims' digital assets. Ferro was also ordered to pay $2.5 million in restitution and will serve three years of supervised release.
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07.05.2026 15:11 2 articles · 2mo ago
Marlon Ferro sentencing in crypto heist case
Initial DisclosureAfter his **May 13, 2025 arrest** and later **October guilty plea**, **Marlon Ferro** moved from defendant to sentenced participant in a crypto-theft laundering case. The federal sentence confirms punishment for his role in the burglary-and-laundering strand of the wider scheme.
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- Crypto gang member gets 6.5 years for role in $230 million heist — www.bleepingcomputer.com — 07.05.2026 15:11
- Crypto gang member gets 6.5 years for role in $230 million heist — www.bleepingcomputer.com — 07.05.2026 15:11