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Indian Man Sentenced to Five Years in Prison for Scamming $20 million from Fake Coinbase Website

A US court has sentenced Chirag Tomar, a 31-year-old Indian man who stole more than $20 million by impersonating the Coinbase cryptocurrency exchange site, to five years in prison and two years of supervised release. Tomar has pleaded guilty to wire fraud and will serve time in federal prison.