US Federal Prosecutors Charge Men in $230 Million Crypto Heist

IconCryptoNewsTerminal Staff19 Sep, 2024

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US Federal Prosecutors Charge Men in $230 Million Crypto Heist

The United States federal prosecutors have charged two individuals in connection with a $230 million crypto heist, as reported by The Block. The incident was initially brought to light by blockchain sleuth ZachXBT, who played a crucial role in the arrests and previously stated that three hackers had stolen $243 million from crypto lender Genesis through a creditor takeover. Of the three individuals mentioned, prosecutors have filed a criminal complaint against Malone Lam and Jeandiel Serrano.