[New York Man Sentenced to 51 Months in Jail for Conspiracy to Commit Wire Fraud and Launder Money with Bitcoin] According to a statement from the U.S. Attorney's Office for the Western District of New York, 35-year-old New York resident Timothy Wadsworth has been sentenced to 51 months in federal prison for conspiracy to commit wire fraud and money laundering, and ordered to pay $811,000 in restitution. Between March and May 2020, he used unauthorized credit card accounts provided by an accomplice to attempt to process 310 payments totaling approximately $1.67 million through Stripe, of which 116 were successful, amounting to $730,000. The funds were transferred to bank accounts under his control, then to Coinbase to purchase Bitcoin, which was then transferred to his accomplice. The case also involves fraudulent applications for PPP loans, EIDL loans, unemployment benefits, and romance scams during the pandemic, with total losses estimated at approximately $2.06 million.