An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform.
Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the country.
"Tomar and