Full-Time Home Invasion Robber, California Man, Sentenced to 6.5 Years in Prison for Stealing $250 Million from Hardware Wallet

**U.S. Federal Court Sentences California Man to 78 Months for $250M+ Crypto Scam Role** A 20-year-old California man was sentenced Wednesday to 78 months in federal prison for his part in a nationwide social engineering scam that stole over $250 million in cryptocurrency assets across the U.S., the U.S. Department of Justice (DOJ) announced. Marlon Ferro—alias “GothFerrari”—also faces three years of supervised release and must pay $2.5 million in restitution, per court orders. U.S. prosecutor Jeanine Ferris Pirro described Ferro as “the crime syndicate’s final tool of trade.” “When his associates couldn’t access victims’ crypto accounts via deception or hacking, they turned to Ferro to physically steal hardware wallets,” Pirro said. The criminal group blended online fraud with traditional burglary, stealing the $250M+ in crypto from victims between late 2023 and early 2025, according to prosecutors. A multi-year federal investigation uncovered the group’s wide-ranging activities: database hacks, victim targeting, scam calls, money laundering, and burglary. The group focused on victims holding large crypto sums. In February 2024, Ferro traveled to Texas, broke into a victim’s home, and stole a hardware wallet holding ~100 bitcoins (valued at over $5 million then). He also helped launder crime proceeds through a crypto exchange, the DOJ noted.