To a dozen or so suspects were added to Huge cryptographic theft thing. On the basis of reports, recent names join Malone Lam, which was first accused on September 19, 2024. Currently, they are faced with allegations related to theft of 4100 Bitcoins in August last year and washing about $ 263 million.
The group is standing in front of federal racketeering fees
According to the Department of Justice, replacement indictment Bronhened on May 15, 2025, he adds 12 people to the original case against the lamp. They all come from California and most are 18 to 22 years elderly.
One earlier accused, Jeandiel Serrano, was removed from an updated application. The state claims that some of the accused are behind bars, and two are considered living in Dubai.
Additional 12 accused in Rico conspiracy for over 263 million dollars of cryptocurrency theft, money laundering, hacking home
🔗https://t.co/5jpyk1xn6a@Usattypirro @Fbiwfo @Irs_Ci @Fbilosangeles @Fbimiamifl pic.twitter.com/wlp84c0bzp
– US Attorney DC (@usao_DC) May 15, 2025
Online games for real world theft
Based on reports, this ring began as a group of online video games in October 2023. Then they went to hacking databases and making icy calls to cheat cryptographic owners to transfer access.
According to investigators, Lam even hacked the victim to track their movements, and the partner called “accountant” or “Goth Ferrrari” would break home to steal hardware wallets.
Crypto and cybercrimes are on the rise. Image: rdaniluk/stock.adobe.com
Bitcoin & Money -unveiled network
The state claims that stolen revenues – over $ 230 million from one incident on August 18, 2024. VPNCryptographic mixers and edge tactics.
The Peel chain works by transferring funds through many portfolios and each time tearing out tiny amounts. Officials noticed that these steps made it arduous for law enforcement agencies.
Generous expenses for stolen funds
Based on reports, the suspects blew up profits from high -class nightlife, exotic cars and luxury goods. They spent up to $ 500,000 in the club in clubs.
They rented 28 exotic cars – some worth $ 3.8 million – and bought designer bags, watches and clothes. False IDs were used to rent houses and private jet, all paid for stolen bitcoins.
Total crypto market cap at $3.28 trillion on the daily chart: TradingView.com
Growing emphasis on cryptocurrency safety
This case illustrates how quickly adolescent people serving technology can become criminals. It indicates that hardware wallets require good physical safety and that digital accounts must utilize authentication of many factors more than SMS.
Cryptowalus owners must be careful against uninitiated support connections and employ services that block iCloud and E -Mail accounts.
Next steps in the prosecutor’s office
All accused are charged under Rico and calculations on wire fraud and money laundering. Court documents show that they can get prison decades if they are convicted.
The state claims that this replacing indictment sends a clear message: no matter how complicated the program, law enforcement agencies can break it down.
Recommended photo from Outsseer, Chart from TradingView
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