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Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme

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​An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform.
Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the country.
“Tomar and An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform.
Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the country.
“Tomar and  The Hacker News

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