22-year-old pleads guilty in alleged $240 million bitcoin heist, one of the largest in US history
- Posted on September 10, 2026
- By CNN
- 1 Views
- 1 min read
In brief
A young man in his early twenties has admitted guilt in orchestrating one of America's most significant cryptocurrency robberies, targeting a Washington DC resident's digital wallet containing approximately $240 million in bitcoin. Following the theft, the perpetrator and his accomplices engaged in conspicuous expenditures using money laundering techniques to conceal the illicit funds. This case highlights vulnerabilities in digital asset security and represents a watershed moment for cybercrime prosecution in the United States.
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22-year-old pleads guilty in alleged $240 million bitcoin heist, one of the largest in US history
A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, DC, resident — one of the largest cryptocurrency thefts in US history — and then embarking on a wild spending spree with the laundered proceeds.
