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A 22 year-old crypto ringleader pleads guilty to $245 million racketeering scheme

Malone Lam pleaded guilty for his role in leading an international "social engineering" scheme, stealing $245 million worth in cryptocurrency.

Sarah Wynn

Publisher The Block

Sep 8, 2026 at 7:17 PM UTC · 1 min de leitura

A 22 year-old crypto ringleader pleads guilty to $245 million racketeering scheme
Image via The Block

Malone Lam pleaded guilty for his role in leading an international "social engineering" scheme, stealing $245 million worth in cryptocurrency.

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Originally reported by The Block

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