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Indiana man previously convicted of stealing $37 million cryptocurrency sentenced to 20 years in prison

On February 8, the U.S. Attorney's Office announced that Evan Frederick Light, a 22-year-old man from Lebanon, Indiana, was sentenced to 20 years in federal prison, plus three years of supervised release, on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering. In February 2022, Light hacked into an investment holding company in Sioux Falls, South Dakota, stealing the personally identifiable information of nearly 600 clients and stealing more than $37 million worth of cryptocurrency. In addition to serving his sentence, Light is required to pay a special contribution of $200 to the Federal Victims Fund and will be required to pay no less than $37 million in restitution.