Veer Chetal
Summary
Veer Chetal, known online as 'Wiz,' is a 19-year-old from Danbury, Connecticut who pleaded guilty in November 2024 to conspiracy to commit wire fraud and conspiracy to launder monetary instruments in connection with a $243–245 million Bitcoin theft targeting a single Genesis creditor via social engineering. He was identified and exposed by blockchain investigator ZachXBT, who traced stolen funds on-chain and publicly named the perpetrators before law enforcement arrests were made. Chetal was re-arrested in early 2025 after committing additional crypto thefts while released on bond and faces a federal sentencing guideline range of 19–24 years imprisonment.
Connected Entities
1 entities- + 3 more
Timeline(13 events)
2023-11-01
Veer Chetal allegedly begins participating in a series of approximately 50 social engineering cryptocurrency thefts generating approximately $3 million.
2024-07-01
Alleged altercation between Veer Chetal and James Schwab at a Miami nightclub, later cited as motive for the subsequent kidnapping of Chetal's parents.
2024-08-19
Chetal and co-conspirators Malone Lam and Jeandiel Serrano steal 4,064 BTC (approximately $238–245 million) from a single Genesis creditor via social engineering, impersonating Google and Gemini support.
2024-08-26
Six masked men kidnap Chetal's parents in Danbury, Connecticut in an alleged extortion plot linked to the stolen funds. Danbury police rescue the parents; suspects are arrested.
2024-09-01
ZachXBT publishes on-chain tracing identifying Chetal ('Wiz'), Lam ('Greavys'), and Serrano ('Box') as the three perpetrators of the Genesis heist.
2024-09-19
Malone Lam and Jeandiel Serrano are arrested and charged with conspiring to steal and launder cryptocurrency. Veer Chetal is not arrested at this time.
2024-10-01
Chetal allegedly commits a $2 million cryptocurrency theft while cooperating with federal authorities post-plea negotiations.
2024-11-13
Veer Chetal pleads guilty under seal to conspiracy to commit wire fraud and conspiracy to launder monetary instruments (case 1:24-cr-00494). He agrees to cooperate with prosecutors and testify against co-defendants.
2025-01-01
Federal authorities discover Chetal's involvement in additional crimes and his discussions about fleeing to India or Dubai. He is re-arrested and his bond is revoked.
2025-03-26
US Marshals formally arrest Veer Chetal as the third named suspect in the $243 million Genesis creditor scam.
Decision Log
- hash: 5vpXJhm9MdjVfZi7KRfGKavpYMKpWmgUkByHdjy67tPK
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet
generated: 5/4/2026, 4:05:05 PM
last updated: 5/26/2026, 4:11:17 AM
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