Federal Jury Convicts Florida Man in Cryptocurrency Kidnapping Scheme
A federal jury has convicted Remy St Felix of leading an international conspiracy to kidnap and rob U.S. citizens for their cryptocurrency, committing a series of violent home invasions across several states.
- The scheme involved forcibly accessing victims' cryptocurrency accounts and laundering stolen funds using anonymity-enhanced cryptocurrencies and decentralized platforms.
- St Felix faces a mandatory minimum of seven years in prison, with a potential maximum of life, following his upcoming sentencing.