Crypto Crime

Veer Chetal, aged 19, has admitted guilt in a massive $245 million bitcoin theft scheme involving social engineering scams. Coordinating with co-defendants, he stole thousands of bitcoins and is now cooperating with federal investigators amid a broader $260 million crypto theft racketeering case.

Two men in New York have been charged with kidnapping a business associate for three weeks in an attempt to steal his Bitcoin. This case raises serious concerns about criminal activity in the cryptocurrency space.