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

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

23 June 2025No Comments2 Mins Read
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A connecticut man who is involved in a huge theft of Bitcoin (BTC) of a victim of Washington, reportedly argued guilty of fraud and money laundering of the money wax plot.

ABC News Reports that Veer Chetal, who is one of three men in charge of survival of 4,100 BTC worth $ 243 million in an extensive scam last August, also agreed to testify against his co -suspects, Malone Lamb and Jeandiel Serrano.

Authorities say that the trio that deals with online social engineering attacks focused on cryptocurrency holders. Lam would send fake warnings to victims about unauthorized attempts to gain access to their crypto accounts. Chetal and Serrano would then call and present themselves as representatives of companies such as Google and Yahoo in an attempt to gain access to the accounts of victims.

Prosecutors say that Chetal, Lam and Serrano lived large after the raidSpend millions on cars, jewelry, rental houses and nightclub parties.

But a week after the theft, Chetal’s parents were abducted in a failed ransom schedule. The suspects were planning to demand payment of Chetal, in the conviction that he had large quantities of cryptocurrency.

But the abductors were arrested quickly after the police responded to eyewitness calls. An Off-Duty FBI agent happened to come by just when the kidnapping unfolded.

Not -closed judicial documents also show that Chetal is accused of playing a role in 50 comparable robbery that between November 2023 and September 2024 $ 3 million transferred from victims.

Chetal is now confronted with a maximum of 24 years in prison, a fine of $ 50,000 to $ 500,000 and a refund to the victim.

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