- 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
Publisher
Sep 8, 2026 at 11:45 AM UTC · 1 dk okuma
Entities
bitcoin
Market Impact
BTC-0.40%$78,587
Last Updated
15 saat önce
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.
Follow the Story
- Sep 8US Bitcoin Theft Case Nears Guilty Plea After a $240 Million Spending Spree
- Sep 9Strategy Doubles STRC Buyback Limit to $2 Billion, Halts Bitcoin Purchases Again
- Sep 9FBI Uses Bitcoin Trail to Tie Jacksonville Brothers to Darknet Drug Case
- Sep 9Bitcoin ETFs erase most of their 2026 losses, with $1B left to go
- Sep 8US Bitcoin Theft Case Nears Guilty Plea After a $240 Million Spending Spree
- Sep 9Strategy Doubles STRC Buyback Limit to $2 Billion, Halts Bitcoin Purchases Again
- Sep 9FBI Uses Bitcoin Trail to Tie Jacksonville Brothers to Darknet Drug Case
- Sep 9Bitcoin ETFs erase most of their 2026 losses, with $1B left to go
Sourced by
Originally reported by CryptoRank
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$78,587
-0.40% (24H)
Market Cap
$1.58T
24H Volume
$32.6B
24H High
$78,969
Article Intelligence
Key Entities
Topics
Related Coverage
Artificial IntelligenceAI Sweeps Bitcoin Layer 2: The Paradox of Complexity Behind the $114 Million Theft2 saat önce · 1 min read
CryptoParty's over for crypto scammers who went wild after $408m bitcoin theft3 saat önce · 6 min read
CryptoBullish signals flash! Bitcoin sees another "golden cross"42 dakika önce · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
