Three men who allegedly orchestrated a sophisticated social engineering attack, stealing a staggering $243 million from a single individual last month, have been arrested in Los Angeles thanks to the efforts of online sleuths.
Cryptocurrency investigator ZachXBT, who has been following the case, detailed the intricate scheme on X. The perpetrators, identified as Malone Iam (Greavys), Veer Chetal (Wiz), and Jeandiel Serrano (Box), targeted a Genesis creditor by impersonating Google and Gemini support representatives. Through a series of deceptive tactics, they convinced the victim to relinquish control of their accounts, ultimately gaining access to their private keys and draining their funds.
The stolen funds were quickly laundered through various cryptocurrency exchanges, with a significant portion being converted to Monero. However, the perpetrators made several mistakes that ultimately led to their downfall. These included accidental linking of laundered funds to the original stolen funds, as well as public social media posts that revealed their identities and locations.
With the assistance of cryptoforensic investigators and law enforcement, a portion of the stolen funds has been frozen and returned to the victim. The arrests of Greavys and Box in Miami and Los Angeles mark a significant milestone in this complex case, with further investigations ongoing.
