Connecticut teen admits role in 245 million USD Bitcoin heist

Veer Chetal illegally obtained approximately 4,100 Bitcoins using social engineering to manipulate a victim in Washington D.C. His luxury lifestyle following the crime has raised questions about his dealings.

A week after the heist, Chetal’s parents were kidnapped in an attempt to force him to access stolen digital assets, but law enforcement intervened and apprehended the attackers.

Federal investigations uncovered Chetal’s involvement in multiple thefts exceeding 3 million USD, along with significant digital assets valued at around 39 million USD, which includes cash and luxury goods.

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