Don't the bail conditions forbid all financial transactions, even if they are in some shitcoin? Touching his wallets would violate that. So he could move funds around, but risk bankrupting his parents in doing so. The ultra-high bail means it would be hard for him to compensate them.
It's a possibility. But the way I understand it, he thought he was somehow above board with what he was doing. At least recoverable, eventually above board. Having dark wallets would not have been consistent with that.
Of course, that's what he wants me to think. I'm ready to learn that my take is too naive. But so far, evidence of a bigger plot is missing for me.