Hacking News
Canadian Sentenced to 25 Months After Bitcoin Theft and Luxury Spending
Trenton Richard David (Trent) Johnston, a 20-year-old Canadian citizen, received a 25-month U.S. prison sentence after admitting to a money laundering conspiracy involving stolen cryptocurrency. He stole 185 Bitcoin, worth approximately $13 million at the time, from a California victim. Johnston spent the stolen funds on luxury items including a Lamborghini Aventador SVJ, two BMWs, and a private jet rental. He also impersonated cryptocurrency company representatives to persuade victims to share their wallet codes. Johnston was sentenced after pleading guilty and surrendering about $3.8 million in stolen digital assets. He has remained in custody since his arrest in March and faces deportation to Canada after his prison term.