logo

12 more charged in $263M crypto theft ring that blew it on booze and cars

By: the crypto news wire|2025/05/16 13:15:04
0
Share
copy
Another 12 people have been charged over a massive crypto theft ring, which at one point stole 4,100 Bitcoin from a single person. Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering. The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the case, Malone Lam, on Sept. 19, 2024, the Department of Justice noted in a May 15 statement. Jeandiel Serrano was named a defendant in the initial indictment but was not included in the superseding one. The DOJ said several defendants have been arrested, while two others are believed to be living in Dubai. Read more

You may also like

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

In an era of technological upheaval, rather than pursuing the "legitimacy" co-opted by power, it is better to sharpen the blade and build parallel systems that truly expand individual sovereignty.

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

The intense collision between technology and capital, products and markets, vision and reality, each story reflects the confusion and unwillingness of the market participants.

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

1. Top News: Strait of Hormuz Emerges as Flashpoint in US-Iran Standoff, US Stocks Trim Losses, Asia-Pacific Markets Open Sharply Lower, Cryptocurrencies See Slight Recovery 2. Token Unlock: None

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

When markets are closed and real-time pricing is needed due to geopolitical risks, Hyperliquid takes the lead and is closer to the eventual futures reopening price.

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month

Openclaw Founder Advises Young People "Not to Waste Time on Cryptocurrency," Yet in its official documentation, it lists the cryptocurrency project Venice.ai as a recommended model provider.

Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?

Time and tide wait for no man.

Popular coins

Latest Crypto News

14:43

Data: ETH total network contract open interest decreased by 5.08% in 24 hours

According to Coinglass data, the total contract open interest for ETH has decreased by 5.08% in the past 24 hours, with the current total open interest at $24.759 billion. Among them, Binance's open interest is $5.331 billion, OKX's open interest is $1.549 billion, Bybit's open interest is $1.902 bi...
14:43

Goldman Sachs: The probability of a short-term correction in global stock markets has increased, but the risk of a bear market is low

According to Jinshi reports, Goldman Sachs equity strategists stated in a report that as tensions in the Middle East escalate, global stock markets face the possibility of a pullback in the short term, but the likelihood of a full-blown bear market remains low. The strategists pointed out that curre...
14:43

The escalation of the Middle East conflict has led to a complete suspension of Dubai routes, putting 20% of global gold flows at risk

According to market news, due to the conflict in the Middle East, most air traffic in and out of Dubai has been disrupted, severely affecting the flow of gold and silver globally.Traders indicate that this could trigger further volatility in metal prices, which have already been significantly fluctu...
14:43

Data: GMGN Smart Money 24h Net Inflow Ranking, TripleT Ranks First

According to GMGN data, the top 5 tokens with net inflows of smart money in the past 24 hours are as follows:TripleT (J8PS....ump): Net inflow of $7,000, 24-hour change -23.4%, currently priced at $0.0015.AUTISM (8jiV....ump): Net inflow of $4,000, 24-hour change -22.6%, currently priced at $0.0031....
14:43

Byreal moves towards Agent-Native DEX, open-sourcing the first AI Skill that supports strategy replication

Byreal stated that it is committed to becoming a decentralized exchange native to Agents, believing that the next generation of market participants will not all be human, and the protocol needs to be built for AI Agents.Byreal also open-sourced byreal-cli, the first DeFi tool in the AI Agent Skills ...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com