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Crypto thief who spent millions on rare trading cards found guilty

Original: Man Who Spent Millions on Rare Pokémon and Magic Cards Found Guilty of Stealing Over $50 Million in Crypto He now faces

A US man has been found guilty of stealing more than $50 million in cryptocurrency, which he spent lavishly on rare Pokémon and Magic: The Gathering trading cards. He now faces up to 20 years in prison on a money-laundering charge. The case has drawn attention for the unusual way the stolen funds were spent, linking crypto crime with the booming market for collectible card game items.

Why now: The striking contrast between a major crypto theft and spending on collectible trading cards makes the conviction notable.

PokémonMagic: The Gatheringcryptocurrency

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