California man admits role in $263 million cryptocurrency theft that funded lavish lifestyle

A California man admitted to his role in a $263 million cryptocurrency theft, highlighting vulnerabilities in cryptocurrency exchanges and the risks of money laundering through lavish spending.

When you spend half a million dollars in a single night at a nightclub, purchase exotic cars worth millions, and rent mansions under false names, you are risking drawing attention to yourself... Read more in my article on the Hot for Security blog.