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The U.S. Department of Justice announced that California man Marlon Ferro, also known as "GothFerrari," was sentenced to 78 months in federal prison for participating in a nationwide social engineering conspiracy, and was ordered to undergo 3 years of supervised release and pay $2.5 million in restitution. Prosecutors stated that the gang, from late 2023 to early 2025, stole over $250 million in cryptocurrency through database hacking, target identification, scam calls, money laundering, and residential burglaries. In February 2024, Ferro went to Texas and broke into a victim's home, stealing a hardware wallet containing approximately 100 BTC, worth over $5 million at the time; in July 2024, he broke into another residence in New Mexico searching for a hardware wallet, and was arrested in May 2025. (The Block)