Malone Lam, 20, and Jeandiel Serrano, 21, were charged on Thursday with stealing over $230 million in cryptocurrency, which they used to fund a lavish lifestyle of international travel, luxury cars, jewelry, nightclubs and high-end rental properties in Los Angeles and Miami, according to federal prosecutors.
this is too big wow a lot of money
It's mostly peer pressure mentality on these young adults. Everyone wants to live large with or without a sustainable source of income making criminality to gain it's power over them by the day. They all want to have an extravagant lifestyle and live beyond their means which is absolutely an impossible thing to do making it easy for them to goo into crimes like stealing of the crypto worth so much.
peer pressure? and when you succeeded In stealing $230 million worth of crypto you spend it extravagantly on flashy items and funny thing is that they easily go broke and go on to steal another till they are caught eventually.
As a parent, how do you cope with a case as this when a young adult that's at the stage of exiting from your home to start up a life of his own starts it on this note? It does directly suggest that you've somehow failed to teach and give him the necessary foundation that will help him stand well on his own. Good thing is that the law will have to take it cause even though it's still looked at as just a mere accusation that's still under investigation.