Alleged Crypto Scammers Face Scrutiny After Lavish Spending Post-$240M Theft

Authorities are investigating alleged cryptocurrency fraudsters, including ringleader Malone Lam, who reportedly spent hundreds of thousands of dollars on nightlife immediately after stealing $240 million in Bitcoin.

8 Sept, 07:49 — 8 Sept, 07:49

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The IndependentMostly Factual1d ago

Inside the crazy party life of alleged crypto scammers who went on spending spree after $240 million bitcoin theft

An alleged ringleader, 22-year-old Malone Lam, spent over $569,000 in one evening at a Los Angeles night club

By Michael Kunzelman

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Alleged Crypto Scammers Face Scrutiny After Lavish Spending Post-$240M Theft

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Inside the crazy party life of alleged crypto scammers who went on spending spree after $240 million bitcoin theft

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