LIVE UPDATES Tracking Hurricane Milton: Storm becomes world's strongest of 2024
After reaching peak intensity with wind speeds of 180 m.p.h. (285 km/h) on Monday night, Milton became the strongest storm on our planet for 2024.
A 20-year-old man and his co-conspirator have been charged with conspiracy to steal and launder over US$230 million in cryptocurrency, and federal authorities said the arrests are connected to an FBI raid of a mansion in Miami.
According to the U.S. Department of Justice, 20-year-old Malone Lam of Miami and Los Angeles, California, and 21-year-old Jeandiel Serrano of Los Angeles, were placed under arrest Wednesday night.
The federal indictment alleges the duo, along with others, orchestrated cryptocurrency thefts and laundered the proceeds through exchanges and mixing services.
One user on X, the social media platform formerly known as Twitter, uncovered the moment Lam allegedly landed more than US$230 million in stolen Bitcoin from a victim in Washington, D.C.
The indictment states the suspects “used the illegally obtained cryptocurrency to purchase international travel, service at nightclubs, numerous luxury automobiles, watches, jewelry, designer handbags, and to pay for rental homes in Los Angeles and Miami.”
The duo are accused of flaunting it all at parties like one recorded on video, showing off the luxury cars and designer handbags.
Lam, a Singapore citizen using the online aliases “Anne Hathaway” and “$$$,” and Serrano, who goes by “VersaceGod” and “@SkidStar,” allegedly accessed victim accounts and transferred cryptocurrency into their control, including over 4,100 Bitcoin from the victim in Washington, D.C. in August.
But it all came to a screeching halt Wednesday evening, when FBI agents busted into a mansion near Northeast 83rd Street and 12th Avenue, located near North Bayshore Drive, just south of Miami Shores.
“I heard what I thought was fireworks,” said an area resident.
Neighbors said the home is a rental property.
Thursday night, FBI officials confirmed Lam and Serrano’s arrests are connected with this raid.
Smoke poured out of the mansion as federal authorities raided during daylight hours and investigated into the night.
7News cameras captured federal agents as they combed through every inch of the property.
City of Miami Police said they assisted FBI agents with Wednesday’s raid.
For neighbors left wondering what went down, they now have their answer.
“We all walk at the same time, so tonight, it’s going to be peace for all,” said an area resident.
Lam and Serrano were set to appear in U.S. District Courts in Florida and California on Thursday.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
20-year-old, Malone Lam, and his co-conspirator have been charged with conspiracy to steal and launder over $230 million in cryptocurrency, and federal authorities said the arrests are connected to an FBI raid of a mansion in Miami. (Miami Police/WSVN via CNN Newsource)
After reaching peak intensity with wind speeds of 180 m.p.h. (285 km/h) on Monday night, Milton became the strongest storm on our planet for 2024.
Hurricane Milton is expected to leave a path of devastation across central Florida, from Tampa in the west to Daytona Beach in the east.
A seasoned American meteorologist became emotional on air as he gave an update on a major hurricane, later suggesting the reason behind his strong reaction.
The minority Liberal government is not considering proroguing Parliament, Deputy Prime Minister Chrystia Freeland said Tuesday, despite persisting uncertainty over who is willing to keep propping them up and procedural wrangling over a Conservative led-privilege debate.
A British Columbia provincial court judge says a Boston Bar man who shot a teacup Chihuahua named Bear claiming it was menacing his chickens was not justified in killing the animal.
An organization that ranks the best universities across the globe says its latest report shows a concerning trend that several of Canada’s institutions are slipping down its list.
Former cabinet minister Marc Garneau, who describes himself in his new book as always-a-Liberal, 'but a decidedly blue one,' says he hopes the party still has room for someone like him.
The renewed pleas of people in Fort Chipewyan, Alta. for government to take action cleaning up contamination in their community have reached the ears of federal Transport Minister Anita Anand.
Emotions boiled over after a judge acquitted two out of three defendants in a manslaughter case, while the third accused has since died.
A B.C. couple is getting desperate – and creative – in their search for their missing dog.
Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.
A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.
Bernie Hicks, known as the ‘Batman of Amherst,’ always wanted to sit in a Batmobile until a kind stranger made it happen.
Bubi’s Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.
Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.
Manitobans are in cleanup mode after intense winds barreled through southern parts of the province this weekend.
Avry Wortman, 13, scored two touchdowns on Sunday during her team's win in the under 14 Greater Moncton Football Association.
A gargantuan gourd – affectionately named ‘Orangina’ by the urban gardeners who grew it in the front yard of their Vancouver home – earned the massive honour of being named B.C.’s heaviest giant pumpkin Saturday.