Brooklyn District Attorney Eric Gonzalez announced Friday that his Virtual Currency Unit indicted a 23-year-old Brooklyn man in connection with a phishing and social engineering scheme that stole nearly $16 million from about 100 users of the cryptocurrency exchange Coinbase. The defendant – who used the handle @lolimfeelingevil when bragging online – allegedly contacted users purporting to be a Coinbase representative, claimed that their assets are at risk from a hacker and convinced them to transfer their money to a new cryptocurrency wallet. He then allegedly emptied out those accounts and laundered the assets by sending them to online swapping and mixing services as well as cryptocurrency gambling entities.
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![[FULL] Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee](https://wp.fifu.app/defi-daily.com/aHR0cHM6Ly9pLnl0aW1nLmNvbS92aS9MYk1kWkhHaFk3cy9tYXhyZXNkZWZhdWx0LmpwZw/60818ca8b452/full-federal-reserve-chairman-kevin-warsh-testifies-before-the-house-financial-services-committee.webp?w=120&h=86&c=1&p=151281 "[FULL] Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee")
