Bayonne man sentenced to 21 months in federal prison for stealing $500K in cryptocurrency

A Bayonne man was sentenced to nearly two years in federal prison Tuesday for conspiring to steal more than $500,000 in crytocurrency from accounts on a cryptocurrency exchange platform, U.S. Attorney Philip R. Sellinger said. Ebrahem Adeeb, 20, previously pleaded guilty by videoconference before U.S. District Judge Claire C. Cecchi to conspiring to commit wire fraud. In additional to the prison term, Cecchi sentenced Adeeb to three years of supervised release and ordered him to pay restitution of $504,418. According to documents filed in the case and statements made in court: From October 202…


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