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International Business Times
International Business Times
Business
Marvie Basilan

Feds Nab Luxurious Duo Who Stole, Laundered Over $230M In Bitcoin

Malone Lam Bitcoin Los Angeles United States Crypto ZachXBT Birkin CFTC FBI
Two Bitcoin fraudsters were arrested Wednesday, cutting short their luxurious lifestyle. (Credit: Bybit/flickr.com)

KEY POINTS

  • The indictment said Lam and Serrano wanted to 'unjustly enrich themselves'
  • They stole over 4,100 $BTC and lived in luxury – international travel and cars among other purchases
  • ZachXBT revealed how Lam had been giving out Birkin bags to girls

The Federal Bureau of Investigation (FBI) put an end to the luxurious lifestyle of two scammers after they were arrested and charged for conspiring to steal and launder more than $230 million in Bitcoin from a victim in Washington, D.C.

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