The U.S. Department of Justice has indicted 12 individuals in connection with a $263 million cryptocurrency theft ring. The defendants are charged with a RICO conspiracy involving hacking cryptocurrency databases, social engineering, money laundering, and home burglaries. The group targeted early Genesis investors and stole funds through sophisticated cyberattacks and physical break-ins. Proceeds from the theft were used to finance luxury expenditures including $4 million spent at nightclubs, $9 million on exotic cars, and private jets. Two suspects remain at large in Dubai. The investigation also includes international cooperation, with Hong Kong police arresting 12 suspects for laundering $15 million through cryptocurrency exchange shops. Additionally, a man in New Zealand was arrested as part of the FBI-led probe into the scam, which allegedly stole $265 million from seven victims. Separately, a ringleader involved in a Miami-based criminal enterprise related to luxury auto theft was jailed after attempting to flee the U.S.