Skip to main content

Man loses $230M crypto fortune after falling for scammers' plot

Cryptocurrency,Banking and Finance

From the Left

In just 90 days, a pair of young scammers went from plotting in Discord chats to living in multi-million dollar mansions, thanks to the largest cryptocurrency theft from a single victim in U.S. history. The accused fraudsters, Jeandiel Serrano, 21, and Malone Lam, 20, posed as technical support staff from Google and Gemini Crypto Exchange to execute their heist. The scam unfolded through a sophisticated social engineering attack. "Prosecutors described how an unnamed co-conspirator — known only as 'swag' — caused an 'unauthorized Google account access' notification to appear on...

AllSides Picks

More News about Banking and Finance

News from the Left

News from the Center

News from the Right