From Washington: A guilty plea has been entered by a 22-year-old in connection with a significant bitcoin theft. The individual, who dropped out of school in eighth grade, faces up to 20 years in prison. This case involves a large-scale cryptocurrency scam, with the defendant being one of multiple people charged.

The defendant's role was that of an organizer for a group of young men. Further details about the case are available, including the scope of the scam and the number of defendants involved. A sentencing hearing has not been scheduled yet.

The case is notable for the large amount of money involved, with nearly a quarter-billion dollars stolen.