Spektor was sentenced to four to 12 years after pleading to the Coinbase phishing indictment.

A sentence after a guilty plea is the judgment on the counts that were admitted. It is not a new accusation, and it is not a trial verdict. On Wednesday, Sept. 23, 2026, Brooklyn Supreme Court Justice Danny Chun sentenced Ronald Spektor, 23, of Sheepshead Bay, Brooklyn, to four to 12 years in prison. He had pleaded guilty on Sept. 2, 2026, to the entire 31-count indictment, including first-degree money laundering, first-degree grand larceny, first-degree criminal possession of stolen property, and related charges.

Brooklyn District Attorney Eric Gonzalez announced the sentence. The Sept. 2 plea was to the entire indictment in exchange for the promised four-to-12-year sentence, and it was entered over the district attorney's objection. The office had sought seven to 21 years. A plea over the prosecutor's objection is still a plea. The term Justice Chun imposed is the judgment. The range the district attorney asked for is not a second sentence.

The case account is a phishing and social-engineering scheme against Coinbase users. Spektor contacted users purporting to be a Coinbase representative, claimed their assets were at risk from a hacker, and convinced them to transfer cryptocurrency to a wallet he could access. That account puts the loss at about $15.944 million from about 100 U.S. users, then describes laundering through swapping, mixing, and gambling entities. He used the online handle @lolimfeelingevil and ran a Telegram channel called "Blockchain enemies," where he bragged about the heists. Those facts are the narrative behind the Sept. 2 plea. They are not new counts filed when the court imposed sentence. The court also ordered him to forfeit cash, cryptocurrency, and personal property with an estimated value of more than half a million dollars, and to make restitution of almost $16 million. Forfeiture and restitution are part of that judgment. They are not a new indictment.