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The Minecraft kids who stole $250 million in crypto – How a kidnapping attempt exposed an international cybercrime network

They drove supercars and threw parties costing hundreds of thousands of dollars - An off-duty FBI agent inadvertently witnessed the kidnapping attempt of an 18-year-old's parents, leading to the unraveling of this case

Newsroom April 24 10:10

On the afternoon of August 25, 2024, in the quiet suburb of Danbury, Connecticut, Sushil and Radhika Chetal were house hunting while driving their luxury $240,000 Lamborghini Urus.

Suddenly, a white Honda Civic rear-ended their vehicle, while a Ram ProMaster van blocked their way. Six men in black clothing with covered faces kidnapped them in broad daylight. This was the beginning of a story that would reveal one of the most peculiar ties between the digital and physical world of crime.

As the kidnappers bound the Chetals with packing tape and struck them with a baseball bat, an off-duty FBI agent was watching the scene unfold and alerted the authorities. A chase ensued, and eventually, the kidnappers were arrested a few hours later. However, this was not a simple ransom case.

As reported in a detailed article by The New York Times, the motives began to surface when police found the white Civic outside an Airbnb in Roxbury, along with two additional suspects. The real target was not the couple themselves, but something much more valuable: the millions their son had amassed from one of the largest cryptocurrency heists in history.

A week before the kidnapping, a resident of Washington fell victim to a phone scam. Believing he was speaking to security representatives from Google and the cryptocurrency exchange Gemini, he granted access to his accounts. The hackers stole 4,100 Bitcoin, valued at $243 million at the time. The main investigator on the case was none other than the well-known and anonymous ZachXBT — an independent researcher specializing in digital crime with nearly 850,000 followers on X (formerly Twitter).

ZachXBT tracked the transactions almost in real-time using specialized software that monitors cryptocurrency movements. This led to a list of wallets linked to users in the underground community of the Minecraft platform, specifically the so-called “Com” — a network that started as a player community and evolved into a global criminal syndicate. The name that stood out in the records was that of 18-year-old Veer Chetal, the kidnapped couple’s son.

Veer, an honor student, suddenly began flaunting a life of luxury: Corvette, BMW, Lamborghini, Gucci shoes, and parties on yachts. He claimed to have earned this from “crypto investments.” However, the investigation revealed he was a member of Com and one of the key organizers of the heist.

The thread also led to others: 20-year-old Malone Lam from Singapore, known as Greavys or Anne Hathaway, who threw lavish parties in Los Angeles, spending hundreds of thousands of dollars in a single night. Or Jeandiel Serrano, 21, who was arrested at LAX wearing a $500,000 watch and admitted his involvement while returning $20 million in Bitcoin.

The FBI, through its Virtual Assets Unit, in collaboration with private groups like Cryptoforensic and some of the most skilled independent researchers in the field, began to unravel the threads of the case. With the help of blockchain analysis, data from Discord and Telegram, and even Instagram stories from parties, the federal investigation initiated arrests and charges for conspiracy, money laundering, and kidnapping.

The connection to the kidnapping of Veer’s parents came to light when authorities accessed the kidnappers’ phones. The suspects were communicating via group chats, planning the hit with the hope of extorting the young hacker to return the stolen money. On September 24, a federal grand jury in Connecticut indicted six young men from Florida for kidnapping, robbery, and conspiracy.

The Chetal family’s case reveals the new way the digital underworld is taking on physical form. The once-loose “troll” of Minecraft servers has morphed into organized crime on a global scale, unhesitant to resort to threats, torture, and kidnappings.

As noted by cybersecurity researcher Allison Nixon from the Unit 221B team, the Com community has evolved from a chaotic group of teenagers into a criminal organization. Attacks now extend beyond digital hacks to include “brickings,” armed robberies, and “SWATtings.”

By March 2025, five of the six kidnappers had pleaded guilty and face sentences of up to 15 years in prison. Veer Chetal himself was arrested and charged with federal offenses.

>Related articles

Complex cryptocurrency fraud ring dismantled in Spain – Over €460 million laundered

How the Greek connected to the $1.5 billion crypto mega-theft was identified

The Anti-Money Laundering Authority detected Greek individual holding Crypto from $1.5 Billion mega-hacking

The Lamborghini that started the kidnapping remains secured in a police parking lot. The same vehicle once driven by the young man who dug his own path to destruction — through a video game.

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