Tennessee Man Pleads Guilty to Stolen $240 Million in Bitcoin
A Tennessee man has pleaded guilty to orchestrating one of the largest Bitcoin heists in history. The man, whose name was not provided by the source, stole $240 million worth of Bitcoin from an exchange in 2022.
The stolen funds were used to purchase a $2 million watch and over 30 cars, according to the FBI. This level of extravagance suggests that the perpetrator had no intention of using the stolen money for illicit activities.