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Coinbase Will Reimburse Customers Up to $400 Million After Data Breach
Plus: 12 more people are indicted over a $263 million crypto heist, and a former FBI director is accused of threatening Donald Trump thanks to an Instagram post of seashells.
A four-count superseding indictment charged 12 additional people this week in an alleged criminal spree including more than $263 million in cryptocurrency theft, money laundering, and even physical break-ins. The indictment accuses the defendants of using stolen cryptocurrency for things like $500,000 nights out at clubs, hundreds of thousands of dollars spent on luxury handbags, watches, and clothes, private jet rentals, and “a fleet of at least 28 exotic cars ranging in value from $100,000 to $3.8 million.” The superseding indictment also alleges that some defendants used shell companies to register their “exotic cars” and “shipped bulk cash through US mail to members of the enterprise hidden in squishmallow stuffed animals.” Later that night on Fox News, Director of National Intelligence Tulsi Gabbard accused Comey of “issuing a hit” on Trump and argued he should be “put behind bars.”
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