### Shocked! Two young people are suspected of conspiring to steal $230 million in cryptocurrency
Hello everyone! Today we are going to talk about a jaw-dropping piece of news. On September 20, the U.S. Department of Justice issued an announcement that an indictment was unsealed on September 19, accusing two young people, 20-year-old Malone Lam and 21-year-old Jeandiel Serrano, of conspiring to steal and launder more than $230 million in cryptocurrency. These two guys are not simple. Lam is a Singaporean citizen, with the online aliases "Anne Hathaway" and "$$$", while Serrano uses "VersaceGod" and "@SkidStar" as his online names.
According to the indictment, since August 2024, Lam, Serrano and others have conspired to commit cryptocurrency theft and launder money through exchanges and mixing services. They illegally obtained victims' cryptocurrency accounts through fraudulent means and then transferred the victims' funds to their own accounts. In order to conceal their true identities, they used various mixers, transition wallets and virtual private networks, which was really painstaking!
What is even more shocking is that these illegal gains were not hidden, but used for luxury consumption such as international travel, nightclubs, luxury cars, watches, jewelry, designer handbags, and rental houses in Los Angeles and Miami. It is just like a movie plot, unbelievable.
The investigation of this case was handled by the U.S. Attorney's Office for the District of Columbia, the FBI Washington Division, and the IRS Criminal Investigation Division Washington Division. The FBI Los Angeles and Miami Divisions also provided important investigative and operational support. It can be said that this is a large-scale cross-state and cross-departmental operation.
Of course, the indictment is only an accusation, and all defendants are deemed innocent until the court finds them guilty. We must also remain neutral and wait for the final decision of the judicial system.
This case not only allows us to see the complexity and risks of the cryptocurrency world, but also reminds us to be extra careful when conducting any cryptocurrency transactions. After all, although the online world is full of opportunities, it also hides many traps.
Dear friends, what do you think of this case? Welcome to express your opinions and insights in the comment area, let's discuss it together!😊
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I hope this newsletter can give you a deeper understanding of the world of cryptocurrency, and also remind everyone to stay vigilant and protect their digital assets. Looking forward to seeing your wonderful views in the comments section!