Singaporean man pleads guilty in US to massive crypto heist

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. Malone Lam admitted to teaming up with friends to steal $245m (£181m) of bitcoin and laundering the proceeds.

Source: BBC Business

Indexed: Wed, 09 Sep 2026 11:27:59 UTC

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