A Connecticut man whose parents were kidnapped after he took part in a $245 million Bitcoin theft has pleaded guilty to fraud and money laundering conspiracy charges and has agreed to testify against his co-defendants, according to court documents that were unsealed this week.
Veer Chetal, 19, from Danbury, Connecticut, was one of three men charged with stealing 4,100 Bitcoins from a victim in Washington, D.C., in an elaborate online scam last August. The trio lived large after the heist, spending millions of dollars on cars, jewelry, rental mansions and nightclub parties, prosecutors say.
A week after the theft, Chetal’s parents were assaulted and kidnapped briefly in Danbury in a failed ransom plot aimed at Chetal, who the attackers believed had a large amount of cryptocurrency, authorities said.
Chetal’s criminal case was unsealed on Monday in federal court in Washington, revealing his guilty pleas in November and his agreement to…
