
Crypto Scam Courier Gets 5 Years for Stealing $211K From Alabama Retiree
- —Tsou was sentenced Oct. 7 to five years split with one to serve and must repay $211,000.
- —The victim sent $45,000, then $160,000 plus $6,000 in fees to a fake Bybit exchange.
- —Scammers demanded another $385,000, prompting an attempted retirement withdrawal.
- —Total losses hit about $270,000, with roughly $330,000 more prevented.
Why it matters: The case highlights the scale of pig-butchering fraud and the role of cash couriers in laundering; Alabama's crypto ATM refund protections took effect Oct. 1.
Source: Bitcoin.com