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09/21/2024
2 Stole $230 Million in Cryptocurrency and Went on a Spending Spree, U.S. Says
The New York Times
Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.
Two men have been charged with stealing $230 million worth of cryptocurrency that they used to go on a lavish spending spree involving travel, nightclubs, luxury cars, jewelry and palatial rental properties in Los Angeles and Miami before they were caught, federal prosecutors said.
The men, Malone Lam, 20, and Jeandiel Serrano, 21, conspired last month to steal the cryptocurrency funds from a person in Washington, D.C., according to the U.S. Attorney’s Office for the District of Columbia.
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