The DOJ said that Marlon Ferro, 20, of Santa Ana, California, known as “GothFerrari,” was sentenced in U.S. District Court to 78 months in prison for his role in a social-engineering conspiracy that stole well over $250 million in cryptocurrency from victims across the United States. He pleaded guilty on Oct. 17, 2025, to one count of conspiracy to participate in a racketeering enterprise.
The case matters because prosecutors described Ferro as the group’s physical fallback when online deception or hacking failed. According to the DOJ, conspirators targeted major crypto holders, manipulated victims into surrendering wallet access and, when assets were held on hardware wallets, turned to Ferro for residential burglaries, including a February 2024 break-in in Texas involving about 100 bitcoin, then worth more than $5 million.
The next point to watch is restitution and broader enforcement around the crew. Judge Colleen Kollar-Kotelly also ordered Ferro to serve three years of supervised release and pay $2.5 million in restitution, while the DOJ said the investigation involved FBI and IRS-CI teams.
Source: U.S. Department of Justice.
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