Miami Club Scene Plays Key Role in Unmasking $230M Theft Crypto Suspect

Two men aged 20 and 21 were arrested for stealing $230 million in Bitcoin and spending it all on expensive cars, nightclubs, and handbags worth $10,000 in Bitcoin. Malone Lam, 20, of Miami, FL, and Jeandiel Serrano, 21, of Los Angeles, CA, were arrested. Lam, who is originally a Singapore resident, had rented four houses in Miami and was arrested at one of the houses by the FBI.

Malone Lam had a bunch of sketchy friends. One evening, the friends made a plan to “scam a rich crypto whale.” While others laughed about it, Lam said, “Let’s do it.” The group of friends found an unnamed investor from Washington D.C. with 4,100 Bitcoin ($230 million) in their account. The group of friends got away with extorting $230 million through a complex plot.

🇺🇸 A 20-year-old stole $230M in Bitcoin, bought her a Lamborghini and funded her luxury lifestyle. Now facing life in prison while she claims she doesn’t know him…

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