[19-Year-Old Canadian Amasses $13 Million Through Crypto Fraud, Arrested for Reckless Driving, Full Case Exposed] BlockBeats reports that on June 11, according to The New York Times, Canadian citizen Trenton Johnston pleaded guilty in a federal court in Florida, admitting to conspiracy to commit money laundering involving approximately $13 million, with the funds originating from cryptocurrency fraud. Prosecutors' documents reveal that over two years, Johnston impersonated representatives of Google and cryptocurrency companies to deceive victims into surrendering account access. He conspired with accomplices to transfer and conceal the illicit proceeds, which were used for extravagant spending, including luxury cars, jewelry, nightclub expenses, and private jet travel. In March 2024, he was stopped by police in Miami for speeding in a Rolls-Royce. A suspected smell of marijuana and illegal substances in the car led to further investigation, uncovering his long-term involvement in crypto fraud. The case also revealed that he had used social engineering tactics to defraud a California resident of approximately 185 Bitcoins (valued at around $13 million). According to FBI data, losses from cryptocurrency-related theft exceeded $11 billion in 2025, a year-over-year increase of about 20%. Currently, as a first-time offender, Johnston has reached a plea agreement with prosecutors and is expected to face a prison sentence of 4 to 5 years before being deported back to Canada. [Original Link]