A scammer who went by the online name “lolimfeelingevil” will face 12 years in prison after pleading guilty for playing his part in stealing $16 million in crypto from Coinbase users. 

Ronald Spektor, 23, from Brooklyn, New York, posed as a representative from America’s biggest crypto exchange and told victims their accounts were under threat from hackers, according to the Brooklyn District Attorney’s Office. 

He then socially engineered them to move their cryptocurrency into what they believed was a secure new wallet. Social engineering is when scammers manipulate victims into sending funds or handing over valuable information. 

Spektor controlled that wallet,…

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