DOJ Charges 12 Individuals in $263 Million Crypto Theft Case

The U.S. Department of Justice (DOJ) charged 12 individuals with stealing over $263 million in cryptocurrency. This group is connected to a prior case where scammers stole $243 million from a creditor of the defunct trading firm Genesis.

Charges include racketeering, wire fraud, money laundering, and obstruction of justice.
Several suspects were arrested in California; two remain abroad.
The theft involved spoofing and redirecting funds through crypto mixers.

Additionally, Coinbase disclosed that scammers bribed overseas employees to access user data, leading to an expected payout of $180 million to $400 million for affected users due to the data breach.