Chirag Tomar, an Indian man, has been sentenced to five years in prison for stealing $20 million through a fake Coinbase website. He pleaded guilty to fraud and money laundering charges earlier this year. The U.S. Justice Department initially estimated the victims' losses at $37 million, which could have resulted in a 20-year prison sentence. However, Tomar's cooperation with the investigation and his guilty plea likely contributed to the reduced sentence. Tomar's scheme involved creating a fake Coinbase website that looked identical to the real one. He then used social media and email to lure victims to the fake site, where they entered their login credentials and financial information. Tomar was able to steal millions of dollars from hundreds of victims worldwide before he was eventually caught. He used the stolen money to buy luxury cars and other high-end items. The case highlights the importance of being aware of phishing scams and only using official websites when entering sensitive information. If you are unsure whether a website is legitimate, it is always best to err on the side of caution and contact the company directly.