Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.
A hacker that gained access to a company’s servers and stole over $37 million in cryptocurrency from nearly 600 victims has pleaded guilty to conspiracy to commit wire fraud and launder monetary instruments.
The perpetrator, Evan Frederick Light of the United States state of Indiana, breached an investment firm’s computer servers to unlawfully access customer information and used this to steal cryptocurrencies from the clients who held such assets at the company, the United States Department of Justice said in an Oct. 1 statement.
Light then funneled funds from the “cyber-intrusion” through cryptocurrency mixers and gambling websites to conceal his identity and to hide the funds.
