PANews reported on September 20 that according to ZachXBT, Greavys (Malone Lam), Wiz (Veer Chetal) and Box (Jeandiel Serrano) allegedly stole $243 million from a Genesis creditor on August 19, 2024 through a complex social engineering attack. The modus operandi included pretending to be Google and Gemini customer service to obtain the victim's personal account information through fraudulent means. The 4,064 stolen bitcoins were quickly distributed to multiple addresses and converted between Bitcoin, Litecoin, Ethereum and Monero on more than 15 exchanges. ZachXBT's investigation helped freeze millions of dollars and led to multiple arrests.
At the same time, the U.S. Department of Justice website announced that 20-year-old Singaporean citizen Malone Lam (nickname "Anne Hathaway") and 21-year-old Jeandiel Serrano (nickname "VersaceGod") were indicted for suspected involvement in cryptocurrency theft and money laundering conspiracy. The two are suspected of using fraudulent means to access victims' cryptocurrency accounts and transfer funds to their control since August 2024, and then use cryptocurrency mixers and virtual private networks (VPNs) to conceal their identities and use the funds for luxury consumption. The two were accused of stealing more than 4,100 bitcoins (worth more than $230 million at the time). The case was jointly investigated by the FBI, IRS and other agencies.
