US man gets 6.5 years for stealing 100 BTC in home invasion

A 20-year-old man involved in a social engineering ring that stole over $250 million in cryptocurrency has been sentenced to six and a half years in prison, federal prosecutors in Washington, D.C. announced on May 6. Marlon Ferro, who operated online under the alias "GothFerrari," pleaded guilty to Racketeer Influenced and Corrupt Organizations (RICO) conspiracy charges in October 2025. The organization operated from late 2023 to early 2025 with bases in California, New York, and Florida, stealing crypto from victims through database hacking, impersonation calls, money laundering, and home invasions. Ferro's role was to physically steal cold wallets that could not be accessed remotely. In February 2024, he broke into a victim's home in Texas and stole approximately 100 BTC, worth over $5 million at the time. Ferro used the stolen funds to purchase over $255,000 in luxury goods. He also converted stolen crypto into cash to pay for the ringleader's legal fees after the leader's arrest in September of that year. In addition to the prison sentence, the court ordered three years of supervised release and $2.5 million in restitution.