A 68-year-old woman with relapsing IgA kappa multiple myeloma refractory to multiple chemotherapy agents with no cognitive or functional deficits at baseline began teclistamab in August 2025. Following the first dose escalation (0.06 mg/kg), she developed confusion coinciding with expected ICANS onset. Symptoms transiently improved, but with dose escalations over the next two weeks, she experienced progressive disorientation and vivid visual hallucinations, suspicious for ICANS though without CRS. Laboratory studies showed normal inflammatory markers (CRP 0.8 mg/L, ESR 5 mm/hr, procalcitonin 0.14 ng/mL), corrected calcium 11.4 mg/dL (normalized with denosumab), and no evidence of infection. MRI brain with widespread white matter edema and T2/FLAIR hyperintensities without leptomeningeal enhancement. EEG revealed diffuse left temporal spikes and slowing. Despite high-dose corticosteroids for presumed ICANS, her encephalopathy worsened. CSF revealed normal glucose (100 mg/dL), protein (25 mg/dL), and 2 cells, negative infectious and inflammatory workup. However, additional CSF studies ultimately identified monoclonal plasma cells, establishing CNS myeloma. She was transitioned to hospice.