Crime 1 MIN READ

22-year-old pleads guilty to US's largest Bitcoin theft

The accused spent millions on luxury cars and a costly night out

A 22-year-old has admitted guilt in the biggest Bitcoin theft in the United States, involving $245 million. The accused reportedly spent the stolen cryptocurrency on luxury Ferraris and a night out costing $569,000, police said.
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A 22-year-old has pleaded guilty to the largest Bitcoin theft in the US, involving $245 million. The accused reportedly used the stolen cryptocurrency to buy luxury cars and spend $569,000 during a night out, according to police.

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Bitcoin theft case involving luxury spending
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A 22-year-old has admitted guilt in the biggest Bitcoin theft in the United States, involving $245 million. The accused reportedly spent the stolen cryptocurrency on luxury Ferraris and a night out costing $569,000, police said.

The theft involved $245 million worth of Bitcoin, making it the largest such crime in the country. After stealing the cryptocurrency, the accused used the funds to purchase several expensive cars, including Ferraris, and indulged in a lavish night out that cost over half a million dollars.

The accused pleaded guilty to the charges, acknowledging the theft and the extravagant spending. Authorities have confirmed these details but have not released further information about the case or the next steps in the legal process.

अक्सर पूछे जाने वाले सवाल

Has the accused admitted to the crime?
Yes, the 22-year-old pleaded guilty to the charges and acknowledged the theft.
Have authorities provided details on the legal proceedings?
Authorities have not released further information about the case or upcoming legal steps.

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PublishedSep 11, 2026, 02:45 IST IST
Last updatedSep 11, 2026, 02:45 IST IST
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