Singaporean Man Pleads Guilty to Orchestrating Massive US Cryptocurrency Heist
Malone Lam, a 22-year-old from Singapore, has pleaded guilty in US court to his role in a cryptocurrency theft ring responsible for stealing hundreds of millions of dollars. The case details how he orchestrated the hack and engaged in a lavish spending spree with the illicit funds.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (84/100)Sources
Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident - AP News
Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident AP News
Read full article →Singaporean man pleads guilty in US to massive crypto heist
Malone Lam and his associates used the proceeds of their crimes to fund a luxurious lifestyle, US authorities said.
Read full article →Singapore man Malone Lam pleads guilty after massive US bitcoin heist and spending spree
A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington resident – one of the largest cryptocurrency thefts in US history – and then embarking on a wild spending spree with the laundered proceeds. Malone Lam, an eighth-grade dropout who came to the US from Singapore, faces a maximum prison sentence of 20 years after pleading guilty to a federal racketeering conspiracy charge. US District Judge Colleen...
By Associated Press
Read full article →‘Ferris Bueller gone bad’: The 22-year-old who went on a spending spree after $339 million heist
Malone Lam pleaded guilty to teaming up with friends to steal bitcoin before using the proceeds to buy a fleet of sports cars, rent mansions in Miami and spend millions at nightclubs, including $US569,000 in one night in Los Angeles.
By Michael Kunzelman
Read full article →Who is Malone Lam? Singaporean cybercrime ringleader pleads guilty to shocking crypto heist in US
Malone Lam has pleaded guilty before the US District Judge to one count of participating in a Racketeer Influenced and Corrupt Organizations (RICO) conspiracy.
Read full article →Singaporean Malone Lam pleads guilty in US court over role in US$260m cryptocurrency theft ring
The 22-year-old faces up to 20 years in prison.
Read full article →Singaporean man pleads guilty in US to massive crypto heist - the-star.co.ke
Singaporean man pleads guilty in US to massive crypto heist the-star.co.ke
Read full article →Singaporean man pleads guilty in US to massive crypto heist
A Singaporean man pleaded guilty on Tuesday to a racketeering conspiracy charge in the US for organising one of the biggest ever cryptocurrency thefts.
By Abubakar Ibrahim
Read full article →
