[Posing as Coinbase Customer Support to Phish and Steal Nearly $16 Million, 23-Year-Old Man Pleads Guilty and Sentenced to 4 to 12 Years in Prison] According to the U.S. Brooklyn District Attorney's Office, 23-year-old Brooklyn resident Ronald Spektor has been sentenced to 4 to 12 years in prison for conducting phishing and social engineering scams. Over the course of approximately one year, Spektor impersonated Coinbase customer support, using claims such as 'account hacked, assets at risk' to deceive around 100 U.S. users into transferring cryptocurrency to wallets under his control, stealing a total of nearly $15.94 million. He then laundered the funds through multiple exchanges, mixing services, and crypto gambling platforms. On September 2, he pleaded guilty to all 31 charges, including first-degree money laundering and first-degree grand larceny. He has been ordered to forfeit over $500,000 in cash, cryptocurrency, and personal property, and must also pay nearly $16 million in restitution.