20 year term for Indiana man who confessed to $37-million crypto thefts from Sioux Falls firm clients

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SIOUX FALLS, SD (KELO.com) — A cryptocurrency theft of more than 37-million dollars tied to a Sioux Falls investment holdings company.  22-year old Evan Light operated the scheme from his mother’s basement in Indiana, and stole the cryptocurrency from nearly 600 victims.  He pleaded guilty to wire fraud and money laundering in September.  Light was sentenced to 20 years in federal prison and is paying restitution to the victims.