22-Year-Old Crypto Ringleader Pleads Guilty in Massive $245M Bitcoin Heist
At only 22 years old, Malone Lam has just pleaded guilty in a rather wild case. According to the American justice system, the Singaporean was leading an international network specialized in cryptocurrency theft. The loot exceeds $245…
cointribune.com
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Sep 10, 2026 at 7:35 AM UTC · Updated 2일 전 · 4 분 소요
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bitcoin
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BTC+0.47%$77,311
Last Updated
2일 전
번역 중…
Summarize this article with:
At only 22 years old, Malone Lam has just pleaded guilty in a rather wild case. According to the American justice system, the Singaporean was leading an international network specialized in cryptocurrency theft. The loot exceeds $245 million. Part of it notably came from the theft of 4,100 bitcoins. Before the court, Lam had especially spent a lot.
In Brief
- A colossal loot: Malone Lam pleaded guilty to leading an international network responsible for over $245 million in crypto thefts.
- A life without limits: cars worth up to $3.8 million, private jets, priceless watches, and $500,000 parties accompanied the loot.
- A well-oiled mechanism: the group used social engineering, identity theft, and sometimes burglaries to gain access to their victims’ wallets.
- RICO steps in: Lam admitted his participation in a structured conspiracy after identifying victims and coordinating the roles of his accomplices.
Malone Lam Was 20, Flush With Bitcoin and Spending Like There Was No Tomorrow
Bitcoin News: hard to be more flashy. Malone Lam used the nicknames “Anne Hathaway”, “$$$”, or “King Greavy”. At only 20 years old, he frequented a world where money seemed never to run out.
Market Context
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$26.2B
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$79,832
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