Kunal Mehta, a 45-year-old California resident known by the alias "Shrek," has pleaded guilty to charges of violating the Racketeer Influenced and Corrupt Organizations Act (RICO) and laundering at least $25 million in cryptocurrency. Mehta is the eighth member of a criminal group to plead guilty, having provided services such as converting cryptocurrency to cash and holding luxury cars for laundering purposes. He also reportedly delivered approximately $500,000 in cash to accomplices. The group, active since 2023, used social engineering and hacking techniques to steal a total of $263 million in crypto assets. The illicit funds were spent on nightclub services, luxury goods, and real estate. Prosecutors have listed 28 vehicles for forfeiture, including seven Lamborghinis, three Ferraris, a Rolls-Royce, and a McLaren. The case involves 13 defendants, some of whom were as young as 18 at the time of the crimes.