Deniz 
Officially charging two alleged crypto fraudsters, Malone Lam, 20, and Jeandiel Serrano, 21, with the loss of over $230 million worth of bitcoins first revealed by blockchain detective ZachXBT, federal prosecutors have
ZachXBT claimed Thursday morning in a long thread exposing insider chats discussing the breach and measures to hide allegedly stolen monies, so last night the two were arrested in their individual houses in Miami and Los Angeles.
Charged with conspiracy to steal and launder money, Lam, also known as Anne Hathaway,” “$$$,” and Serrano, who makes use of “VersaceGod” and “@SkidStar,” were ZachXBT-identified Veer Chetal, sometimes known as “Wiz,” however he was not a listed person investigated by the FBI.
The FBI claims the offenders spent the money—thought to have been pilfers from an early bitcoin investor and creditor of failing loan company Genesis—on international travel, nightclubs, luxury cars, watches, jewelry, designer purses, and rental properties.
ZachXBT first observed the suspected theft of 4,101 bitcoins in August, then started working with authorities and security organizations Cryptoforensic Investigators and ZeroShadow to track the cash, the pseudonymous research wrote on X.
He said of the financial forensic probe, “one of my best… of all time.”
Currently pursuing an “ongoering investigation, which might involve others,” are the U.S. Attorney’s Office for the District of Columbia, the FBI’s Washington Field Office, and the IRS-Criminal Investigation Washington Field Office.
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