<ul><li>Malone Lam and Jeandiel Serrano have been arrested for conspiring to steal and launder over $230 million in cryptocurrency.</li><li>The scheme involved fraudulent access to victims' crypto accounts and advanced laundering techniques.</li><li>The accused used social engineering tactics and spoofed phone numbers to carry out the scam.</li><li>The stolen funds were spent on luxury goods and experiences, drawing the attention of authorities.</li></ul>

FBI Arrests Duo In $230 Million Crypto Fraud: Here’s How They Pulled The Scam Off

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