Singaporean 22-Year-Old Admits Leading $245 Million Cryptocurrency Fraud
In a striking courtroom development, a 22‑year‑old Singaporean citizen formally entered a guilty plea, acknowledging his role as the mastermind behind a massive cryptocurrency swindle that authorities have valued at roughly $245 million. The defendant, Malone Lam, a resident of Miami, Florida, has been charged with the illicit acquisition of an estimated 4,100 bitcoins—a digital currency that, at…
Sept. 9, 2026, 9:54 a.m.