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Cryptocurrency Thief Gets Six Years For $1.8M Heist

Law360, New York (May 17, 2019, 2:10 PM EDT) -- A New York state judge on Thursday sentenced a man to six years in prison for his admitted role in a kidnapping and robbery that drained $1.8 million worth of Ether cryptocurrency from a victim's digital wallet.

Supreme Court Justice Melissa Jackson accepted Cesar Guzman's guilty plea deal with state prosecutors, sentencing him to serve two six-year terms concurrently, one for grand larceny and one for kidnapping, in addition to five years of supervised release for his part in plotting and executing the November 2017 cryptocurrency heist with three others.

According to the indictment, Guzman, Allan Nunez and Darrell Colon —...
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