A Canadian teenager accused of stealing millions in cryptocurrency and financing a luxury lifestyle with the proceeds has pleaded guilty to money laundering charges in U.S.
What Happened
Trenton Johnston, a 20-year-old Canadian citizen, pleaded guilty Tuesday in federal court in Miami to one count of conspiracy to commit money laundering.
According to prosecutors cited by The New York Times, Johnston participated in a cryptocurrency fraud operation over a two-year period.
Court filings allege Johnston impersonated representatives from Google and cryptocurrency companies to gain access to victims’ accounts before stealing their funds.
Authorities say the proceeds financed an extravagant lifestyle that included luxury vehicles, jewelry, nightclub spending and private jet travel.
The Alleged Scheme
Homeland Security investigators said Johnston entered the U.S. from Canada …
