Crypto Scammers Go on Trial for $240M BTC Heist in 2024
A federal investigation into the theft of $240 million in Bitcoin has produced charges against 18 people and revealed how a group of young cybercriminals allegedly turned a sophisticated crypto scam into a month-long spending spree. Prosecutors allege Malone Lam, 22 years old, orchestrated the 2024 scam with associates Jeandiel Serrano and Veer Chetal, targeting a wealthy crypto investor based in Washington, D.C. The group used social engineering tactics to persuade the victim to provide access to a security code and Google Drive account, allowing them to seize over 4,100 BTC. The suspects then moved the crypto through several exchanges…





