A 19-year-old Canadian man made approximately $13 million through cryptocurrency fraud; the entire case was exposed after he was arrested for dangerous driving.

CoinFeed reported on June 11 that, according to the New York Times, 19-year-old Canadian Trenton Johnston profited approximately $13 million through cryptocurrency fraud, spending the money on luxury cars, jewelry, nightclubs, and private jets. In March of this year, Johnston was pulled over by police in Miami for speeding in a Rolls-Royce. Subsequent investigations uncovered his cryptocurrency fraud activities, and he recently pleaded guilty to one count of conspiracy to commit money laundering in Miami federal court. Johnston entered the United States in October 2024 on a one-year visa but overstayed, gaining access to victims' accounts by impersonating representatives of Google and cryptocurrency companies, and collaborating with accomplices to commit fraud. Court documents show that he boasted to his accomplices on Signal, "Successfully acquired a target of 185 BTC today."