US DOJ Charges 12 in Massive $263 Million Bitcoin Theft and Money Laundering Scheme

The US Department of Justice (DOJ) has announced the indictment of 12 individuals for their alleged involvement in a significant cryptocurrency theft and money laundering operation, resulting in losses estimated at $263 million. This scheme involved stealing over 4,100 Bitcoin from a Genesis creditor in August 2024. The DOJ detailed how the group used sophisticated tactics to infiltrate victims’ accounts, including impersonating support agents to gain access and exploiting data breaches.