Florida Man Sentenced to 47 Years for $3.5M Bitcoin Home Invasion and SIM-Swapping Scheme

• A Florida man, 24-year-old Remy St Felix, was sentenced to 47 years in prison for orchestrating a series of violent home invasions targeting crypto holders.
• Alongside 13 accomplices, St Felix stole $3.5 million through brute force and sophisticated SIM-swapping attacks.
• “Victims were held at gunpoint, assaulted, and forced to transfer digital assets,” said U.S. Department of Justice (DOJ) officials.

Florida man sentenced to 47 years for Bitcoin heists involving $3.5 million; DOJ highlights brutal home invasions and sophisticated crypto theft techniques.

Details of St Felix’s Crime Spree

Remy St Felix, identified as the ringleader of a violent home invasion crew, was convicted of directing operations that involved holding victims at gunpoint in Delray Beach and Homestead, Florida. According to the DOJ, Felix and his crew bound their victims with plastic zip ties and coerced them into transferring cryptocurrencies to wallets managed by the criminals. These acts of violence commenced in September 2022 and continued until July 2023, leading to a series of charges, including conspiracy, kidnapping, robbery, wire fraud, and use of a firearm in violent crimes.

The Scope of the Crimes

The criminal activities spanned several states, targeting victims in Texas, New York, and North Carolina. After abducting a victim from their Florida home, the criminal crew transported them over 120 miles away, assaulting them during captivity. In another instance, family members in Texas were held hostage for three hours, resulting in the theft of $150,000 in cash and luxury watches. The criminals also utilized decentralized finance tools to launder their ill-gotten gains, signifying the complexity and planning involved in these operations.

Legal Proceedings and Sentences

Following his arrest while en route to New York with firearms and zip ties, St Felix was found guilty on nine counts, with a potential life sentence on the table. Ultimately, the court imposed a 47-year prison term and ordered restitution payments of $524,000. The extensive investigation garnered assistance from multiple FBI field offices, including those in Charlotte, North Carolina, New York, Miami, and Houston.

Other Sentences and Restitutions

Authorities have handed down sentences ranging from 12 to 25 years to other members of the criminal crew. Jarod Gabriel Seemungal, a key accomplice aged 23, received a 20-year sentence and was ordered to pay $4 million in restitution. Seemungal’s role was crucial as he supplied the crew with firearms, rental cars, and accommodations. Two other co-conspirators, who entered guilty pleas for their roles in the kidnapping conspiracy, are set to be sentenced on October 1.

Conclusion

The sentencing of Remy St Felix and his accomplices sends a potent message to those considering similar crimes. The coordinated efforts of law enforcement across various states underscore the seriousness with which these crimes are treated. The repercussions for digital asset theft via violent means are long-lasting, ensuring the perpetrators face justice while also attempting to recover stolen assets through mandated restitution.