Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Share
The Daily Hodl 2025-06-22 14:30:02

Mastermind of $243,000,000 Bitcoin (BTC) Hack Cooperates With Feds, Pleads Guilty to Charges: Report

Mastermind of $243,000,000 Bitcoin (BTC) Hack Cooperates With Feds, Pleads Guilty to Charges: Report

A Connecticut man involved with a massive theft of Bitcoin ( BTC ) from a Washington, D.C. victim reportedly pleaded guilty to fraud and money laundering conspiracy charges. ABC News reports that Veer Chetal, who is among the three men charged with siphoning 4,100 BTC worth $243 million in an elaborate scam last August, also agreed to testify against his co-defendants, Malone Lam and Jeandiel Serrano. Authorities say that the trio engaged in online social engineering attacks targeting cryptocurrency holders. Lam would send fake alerts to victims about unauthorized attempts to access their crypto accounts. Chetal and Serrano would then call and pose as representatives from companies like Google and Yahoo in an effort to access victims’ accounts. Prosecutors say that Chetal, Lam and Serrano lived large after the heist , spending millions on cars, jewelry, rental mansions and nightclub parties. But a week after the theft, Chetal’s parents were abducted in a botched ransom scheme. The suspects planned to demand payment from Chetal, believing he held large amounts of cryptocurrency. But the abductors were arrested quickly after the police responded to eyewitness calls. An off-duty FBI agent also happened to be passing by just as the kidnapping unfolded. Unsealed court documents also show that Chetal is being accused of playing a role in 50 similar heists that siphoned $3 million from victims between November 2023 and September 2024. Chetal now faces up to 24 years in prison, a fine ranging from $50,000 to $500,000 and restitution to the victim. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Mastermind of $243,000,000 Bitcoin (BTC) Hack Cooperates With Feds, Pleads Guilty to Charges: Report appeared first on The Daily Hodl .

Most Read News

Moralis Money
Market Cap
24h Vol
63.99%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.