- $243 million was allegedly stolen from a Genesis creditor on Aug. 19.
- An investigation into the theft has led to two arrests, the U.S. Department of Justice said on Thursday.
- More than $9 million of the stolen funds have been frozen, according to ZachXBT.
Two people have been arrested following an investigation into a $243 million heist in which the accused thieves allegedly sought to pass thousands of bitcoin through mixing services, the U.S. Department of Justice said in a Thursday statement.
On Aug. 19, a creditor of defunct trading firm Genesis fell victim to a sophisticated social engineering scam after being contacted by a spoofed number that posed as a member of Google support, according to information first reported by blockchain sleuth ZachXBT.
1/ An investigation into how Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano) stole $243M from a single person last month in a highly sophisticated social engineering attack and my efforts which have helped lead to multiple arrests and millions frozen. pic.twitter.com/dcY1e9xsPd
— ZachXBT (@zachxbt) September 19, 2024
The victim was convinced to reset their Gemini two-factor authentication settings and send funds to a compromised wallet. Transaction tracing analyzed by ZachXBT shows that the $243 million was split across multiple wallets before being sent to more than 15 exchanges…