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Teen admits to $245m Bitcoin theft charges, agrees to testify against co-accused Singaporean Malone Lam
A man, whose parents were kidnapped after he took part in a US$245 million Bitcoin theft, has pleaded guilty to fraud and money laundering conspiracy charges and has agreed to testify against his co-defendants, including Singaporean Malone Lam, according to court documents that were unsealed earlier this week. Veer Chetal, 19, was one of three men, along with American Jeandiel Serrano and Lam, charged with stealing 4,100 bitcoins from a victim in Washington, DC, in an elaborate online scam last August. The trio lived large after the heist, spending millions of dollars on cars, jewellery, rental mansions and nightclub ... (full story)
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