A 23-year-old man impersonating a Coinbase employee defrauded approximately $16 million in cryptocurrency from users.

Odaily Planet Daily reports that Brooklyn prosecutors said Friday that a 23-year-old resident, Ronald Spektor, is charged with stealing $16 million worth of cryptocurrency from approximately 100 Coinbase users. Using the online alias "lolimfeelingevil," Spektor allegedly impersonated a Coinbase representative and persuaded users to send cryptocurrency to accounts under his control. Last year, blockchain detective ZachXBT released an investigative report on Spektor. (Decrypt)