Singaporean 22‑Year‑Old Admits Role as Mastermind in $245 Million Cryptocurrency Scam
In a striking development that underscores the growing complexity of digital‑currency crime, a young Singaporean national, only 22 years old, has entered a guilty plea admitting that he was the chief architect of an elaborate scheme that defrauded victims of roughly $245 million worth of cryptocurrency. The defendant, identified as Malone Lam, resides in Miami, Florida, and faces a litany of char…
Sept. 9, 2026, 9:54 a.m.