Cryptocurrency
Crypto Crime Conviction: St. Felix Found Guilty of Cryptocurrency Home Invasions
Wednesday. June 26 at 4:00 PM
1 min. readA federal jury in Greensboro, North Carolina, has convicted Remy St. Felix of leading violent home invasions to steal victims' cryptocurrencies. St. Felix faced multiple charges, including conspiracy and kidnapping, for targeting individuals for their crypto assets. The trial revealed an international conspiracy orchestrated by St. Felix and his accomplices, involving physical violence and intimidation to access victims' crypto holdings. Despite attempts to cover their tracks, law enforcement agencies, led by the FBI, successfully apprehended the criminals. Bing Wang, Head of Legal at BasedVC, highlighted the transparency of blockchain technology aiding in tracking stolen crypto. This case underscores the risks associated with cryptocurrency ownership and the importance of security measures in the crypto space.