TheBlock
A U.S. federal court sentenced 20-year-old Marlon Ferro, known online as "GothFerrari," to 78 months in prison for his role in a nationwide social engineering conspiracy that drained over $250 million in crypto assets between late 2023 and early 2025. Ferro was also ordered to pay $2.5 million in restitution and serve three years of supervised release.
U.S. Attorney Jeanine Ferris Pirro described Ferro as the "criminal enterprise's instrument of last resort" — when co-conspirators failed to deceive victims or hack into accounts remotely, Ferro physically broke into homes to steal hardware wallets. In February 2024, he traveled to Texas and stole a hardware wallet containing roughly 100 BTC, worth over $5 million at the time. A second burglary in New Mexico in July 2024 was captured on surveillance footage, leading to his arrest in May 2025 — with two firearms and a fake ID in his…
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