Feds charge 12 more suspects in RICO case over crypto crime spree
Twelve more suspects have been charged for their alleged involvement in a spree of cryptocurrency thefts and the subsequent laundering of virtual currency worth hundreds of millions of dollars.
The charges include RICO conspiracy, which is used to combat organized crime, as well as conspiracy to commit wire fraud, money laundering and obstruction of justice.
Two additional suspects in the case — 20-year-old Malone Lam and Jeandiel Serrano, 21 — were arrested in September 2024 and charged in connection with the theft of about $245 million from a victim in Washington, D.C through a social engineering attack.
According to the Department of Justice, the group grew out of relationships that began on online gaming platforms….
