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Man sentenced to 25 months for laundering $13M in stolen Bitcoin via crypto scam

Market News
30 Oct 2026, 10:28 WIB
Tokenpost
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Bearish
Man sentenced to 25 months for laundering $13M in stolen Bitcoin via crypto scam

Trenton Johnston was sentenced to 25 months in prison for conspiring to launder $13 million worth of Bitcoin stolen from a California resident. The scam involved impersonating Google and crypto support staff to trick victims into giving access to their wallets, resulting in the theft of 185 BTC. Johnston cooperated with authorities, which led to a reduced sentence below the initially agreed range. He was also ordered to pay restitution and serve supervised release, highlighting ongoing risks in crypto security and fraud prevention.

The case of a Canadian sentenced for involvement in a $13 million Bitcoin theft provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 30, 2026 14:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include CAKE at Rp34.293 with a 1-day change of -8.53% and Pluang order activity of 91% Sell / 9% Buy, MANA at Rp1.277 down 8.46% with 100% Sell orders, and THETA at Rp2.881 down 8.45%.

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