A 19-year-old Canadian, Trenton Johnston, has pleaded guilty to conspiracy to commit money laundering in a Miami federal court after being exposed for a cryptocurrency scam that netted approximately $13 million. Johnston's fraudulent activities were uncovered following his arrest for speeding in a Rolls-Royce in Miami. He had used the illicit gains to fund a lavish lifestyle, including luxury cars, jewelry, and private jet travel. Johnston, who overstayed a one-year visa after entering the U.S. in October 2024, impersonated representatives from Google and cryptocurrency firms to gain access to victims' accounts. Court documents revealed he boasted about securing 185 BTC from a target on Signal. Miami car dealer Brandon Tardibone, who assisted Johnston in laundering money through luxury car purchases, has also pleaded guilty. Johnston's plea deal spares him from a potential 40-year sentence, with sentencing guidelines suggesting a 4-5 year term. The FBI reported over $11 billion in cryptocurrency thefts in 2025, marking a 20% increase from the previous year.