- The Bitcoin theft case centers on more than 4,100 BTC taken from a Washington investor through impersonation calls.
- Prosecutors say fake Google and Gemini support calls secured account access and security codes.
- Malone Lam allegedly spent $569,000 at one nightclub and bought a $2 million watch plus over 30 vehicles.
US Bitcoin Theft Case Nears Guilty Plea After a $240 Million Spending Spree
A $240 million Bitcoin theft that funded cars, mansions, and nightclub bills is moving toward a central defendant’s guilty plea.
CryptoRank
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Sep 8, 2026 at 11:45 AM UTC · 1 min de lectura
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A $240 million Bitcoin theft that funded cars, mansions, and nightclub bills is moving toward a central defendant’s guilty plea.
Malone Lam, 22, is scheduled for a plea agreement hearing Tuesday in Washington. Prosecutors describe him as an alleged organizer.
Impersonation Calls Opened the Investor’s Accounts
Court filings say a Washington investor received two calls on August 18, 2024. One caller claimed to represent Google.
Another posed as a Gemini exchange employee and warned about malware affecting the investor’s cryptocurrency walle…
Read The Full Article US Bitcoin Theft Case Nears Guilty Plea After a $240 Million Spending Spree On Coin Edition.
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Originally reported by CryptoRank
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