A 24-year-old man from Florida has been convicted for carrying out a cryptocurrency theft scheme, which involved kidnapping and assault.
According to a new press release, the US Department of Justice stated that Remy Saint-Felix from West Palm Beach was the mastermind behind a home invasion theft ring targeting cryptocurrency owners across multiple states from September 2022 to July 2023.
According to the Department of Justice, Saint-Felix and his crew would invade homes, kidnap victims, and force them to access and deplete their cryptocurrency wallets. To accomplish this, Saint-Felix and his accomplices would hack into the targets’ email accounts and conduct physical surveillance beforehand.
After stealing the funds, they would launder them using privacy-enhanced digital assets such as Monero (XMR), decentralized exchanges (DEX) platforms without know-your-customer (KYC) regulations, and “instant exchanges.”
As stated by Nicole M. Argentieri, the Acting Assistant Attorney General and Criminal Division Chief of the Department of Justice, “Saint-Felix and his co-conspirators targeted victims across the United States, committing violent home invasions, kidnappings, and robberies to steal cryptocurrency. Despite the members of this violent conspiracy attempting to conceal their tracks through encrypted communications and anonymous financial transactions, they did not elude the reach of our dedicated investigators and prosecutors.”
In one instance, in April 2023, Saint-Felix and another individual broke into someone’s home, tied them up with zip ties, held them at gunpoint, and threatened the victim and their spouse while stealing $150,000 worth of cryptocurrency assets from them.
According to the Department of Justice, Saint-Felix was arrested in July 2023 while preparing for another home invasion. He has been convicted on nine counts and could face a minimum of seven years to a maximum of life imprisonment.
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Florida Man Convicted for Violent Kidnapping Assault and Password Theft Scheme
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