Now You See Me 2 follows the Four Horsemen 18 months after their escape from the FBI. They are waiting for instructions from the magical society's Eye oracle.
Their FBI handler, Special Agent Dylan Rhodes, recruits them to expose corrupt tech CEO Owen Case. Case's novel cell phone will secretly collect users' personal data to sell on the black market.
However, their plan to take down Case is disrupted by a mystery man who exposes Jack faked his death. The Horsemen flee to Macau, where they are captured by Merrit's vindictive twin brother Chase and former business partner Walter Mabry.
Chase and Mabry want the company and chip that the Horsemen founded/designed back. They instruct the quartet to steal it using only magic shop equipment.
Thaddeus Bradley, the magic debunker framed for the Horsemen's crimes, teams up with Dylan after being freed from jail. As these parties confront each other, further secrets are revealed and the plot thickens.