Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
Banking on carbon markets 2.0: why financial institutions should engage with carbon credits

Banking on carbon markets 2.0: why financial institutions should engage with carbon credits

13 December 2025
This CEO went back to college at 52, but says successful Gen Zers ‘forge their own path’

This CEO went back to college at 52, but says successful Gen Zers ‘forge their own path’

13 December 2025
It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner

It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner

13 December 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » The Cybercriminals Who Organized a $243 Million Crypto Heist
Business

The Cybercriminals Who Organized a $243 Million Crypto Heist

Press RoomBy Press Room24 April 20253 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
The Cybercriminals Who Organized a 3 Million Crypto Heist

A quiet honor student who had recently graduated from Immaculate High School in Danbury, Veer Chetal was about to begin studying at Rutgers University in New Jersey. In 2022, he completed a “future lawyers” program, and a story that year on the Immaculate website showed a photo of a smiling kid with glasses wearing a Tommy Hilfiger windbreaker over a red polo.

Classmates remember Chetal as shy and a fan of cars. “He just kind of kept to himself,” says Marco Dias, who became friends with Chetal junior year. According to another classmate named Nick Paris, this was true of Chetal until one day in the middle of his senior year, when he showed up at school driving a Corvette. “He just parked in the lot. It was 7:30 a.m., and everyone was like, What?” Paris says. Soon Chetal rolled up in a BMW, and then a Lamborghini Urus. He started wearing Louis Vuitton shirts and Gucci shoes, and on Senior Skip Day, while Paris and many of his classmates went to a nearby mall, Chetal took some friends, including Dias, to New York to party on a yacht he had rented, where they took photos holding wads of cash.

Chetal said that he had made his money trading crypto; Dias says Chetal showed him trades on his phone as proof one morning during homeroom class. Once, Chetal rented a large house in Stamford, Conn., and hosted a three-day gathering with friends. “I was in the basement at one point, and I was just messing around with my friends, and I just see him, like, just on the couch, just like on his phone, pretty much avoiding everyone at the party,” Dias says. “And I thought, Oh, that’s kind of weird.” Paris remembers that during a school parade, the police stopped Chetal in his Lamborghini Urus for a traffic violation. “He literally called his lawyer on the spot before answering the cops’ questions, which everyone was like: Wow, this guy’s got, like, something going for him. Like, this guy’s got serious money.”

Independent investigators say Chetal was secretly a member of the Com, also referred to as the Comm or the Community, an online network of chat groups that has its roots in the hacking underground of the 1980s and functions as a kind of social network for cybercriminals or aspiring ones. In an affidavit from an unrelated case, an F.B.I. agent described the Com as “a geographically diverse group of individuals, organized in various subgroups, all of whom coordinate through online communication applications such as Discord and Telegram to engage in various types of criminal activity.” According to the F.B.I. affidavit and experts who study the Com, the various subgroups’ activities include swatting, which entails making false reports to emergency services or institutions like schools to trigger a police response; SIM swapping, when hackers take over a target’s phone number, sometimes by tricking customer-service representatives; ransomware attacks, using a malware that denies users or organizers access to computer files; cryptocurrency theft; and corporate intrusions.

Allison Nixon, the chief research officer of Unit 221B, a collective of cybersecurity experts, has been following this growing corner of the internet since 2011 and is widely considered to be a pre-eminent expert on the Com. She says most Com members are young men from Western countries. In group chats, many talk about college and taking classes in cybersecurity, which they use to their advantage, she says. The gateway for many is through video games like RuneScape, Roblox and Grand Theft Auto.

Computer and Video Games computer security Computers and the Internet Cyberattacks and Hackers Cyberharassment Frauds and Swindling Fugitives Generation Z money-laundering Robberies and Thefts Virtual Currency
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

Takeaways from the Fed meeting.

Takeaways from the Fed meeting.

10 December 2025
Video: The Battle for Warner Bros. Discovery

Video: The Battle for Warner Bros. Discovery

10 December 2025
Mackenzie Scott Announces  Billion of Giving This Year

Mackenzie Scott Announces $7 Billion of Giving This Year

9 December 2025
Video: Trump Says That Netflix’s Warner Bros. Deal ‘Could Be a Problem’

Video: Trump Says That Netflix’s Warner Bros. Deal ‘Could Be a Problem’

8 December 2025
Dartmouth Data Breach Exposes 40,000 Social Security Numbers In Cl0p’s Oracle Rampage

Dartmouth Data Breach Exposes 40,000 Social Security Numbers In Cl0p’s Oracle Rampage

7 December 2025
What Are Stablecoins?

What Are Stablecoins?

7 December 2025
Don't Miss
Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

By Press Room27 December 2024

Every year, millions of people unwrap Christmas gifts that they do not love, need, or…

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

30 December 2024
John Summit went from working 9 a.m. to 9 p.m. in a ,000 job to a multimillionaire DJ—‘I make more in one show than I would in my entire accounting career’

John Summit went from working 9 a.m. to 9 p.m. in a $65,000 job to a multimillionaire DJ—‘I make more in one show than I would in my entire accounting career’

18 October 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Google’s Play Update—Bad News For Most Samsung Users

Google’s Play Update—Bad News For Most Samsung Users

13 December 20250 Views
WWE SmackDown December 12, 2025 Results: Highlights And Takeaways

WWE SmackDown December 12, 2025 Results: Highlights And Takeaways

13 December 20250 Views
‘NYT Mini’ Clues And Answers For Saturday, December 13

‘NYT Mini’ Clues And Answers For Saturday, December 13

13 December 20250 Views
Former ambassador: China is winning the biotech race. Patent reform is how we catch up

Former ambassador: China is winning the biotech race. Patent reform is how we catch up

13 December 20250 Views
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
Banking on carbon markets 2.0: why financial institutions should engage with carbon credits

Banking on carbon markets 2.0: why financial institutions should engage with carbon credits

13 December 2025
This CEO went back to college at 52, but says successful Gen Zers ‘forge their own path’

This CEO went back to college at 52, but says successful Gen Zers ‘forge their own path’

13 December 2025
It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner

It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner

13 December 2025
Most Popular
Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt

Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt

13 December 20250 Views
Google’s Play Update—Bad News For Most Samsung Users

Google’s Play Update—Bad News For Most Samsung Users

13 December 20250 Views
WWE SmackDown December 12, 2025 Results: Highlights And Takeaways

WWE SmackDown December 12, 2025 Results: Highlights And Takeaways

13 December 20250 Views
© 2025 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.