Basement Bandit Busted: Indiana Man Gets 20 Years for $37M Crypto Heist!
Evan Frederick Light, a 22-year-old from Indiana, received a 20-year federal prison sentence for hacking into an investment company’s servers and stealing over $37 million in cryptocurrency. His digital heist involved stolen identities, mixing services, and even a false kidnapping report. Clearly, his career in crypto crime didn’t pay off—except in prison time.
Hot Take:
Evan Light took the term “light-fingered” to a whole new level by swiping $37 million in cryptocurrency. From his mom’s basement to a federal prison cell, his journey is a cautionary tale of why you shouldn’t mix hacking with home sweet home! If you think your 20s are for making mistakes, well, Light just set a new benchmark.
Key Points:
- Evan Frederick Light sentenced to 20 years for hacking and stealing over $37 million in cryptocurrency.
- Used a stolen identity to access investment holdings company’s servers.
- Transferred stolen cryptocurrency through mixing services and gambling sites.
- Orchestrated a fake kidnapping to evacuate company employees during the hack.
- Ordered to pay $37 million in restitution and a $200 special assessment.
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