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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

Publisher

Sep 10, 2026 at 7:35 AM UTC · Updated 2 gün önce · 4 dk okuma

22-Year-Old Crypto Ringleader Pleads Guilty in Massive $245M Bitcoin Heist
Image via cointribune.com

Key Signal

$245M+ crypto theft network loot

Entities

bitcoin

Market Impact

BTC+0.47%$77,225

Last Updated

2 gün önce

Çevriliyor…
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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BTC

$77,221

+0.47% (24H)

$79,173$78,072$76,971
4 AM11 AM7 PM3 AM

Market Cap

$1.55T

24H Volume

$25.7B

24H High

$79,832

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

regulationcrypto

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