Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam

Ronald Spektor, a 23-year-old from Brooklyn, has been sentenced to 12 years in prison for orchestrating a $16 million phishing scheme targeting Coinbase users. Operating under the alias "lolimfeelingevil," Spektor impersonated exchange representatives to manipulate victims into transferring their assets to wallets he controlled. The Brooklyn District Attorney’s Virtual Currency Unit successfully traced his home IP address and Telegram activity to the crimes. Spektor pleaded guilty to 31 counts, including money laundering and grand larceny, after investigators recovered evidence of his activities and his claims of gambling away $6 million of the stolen funds.