Singaporean 22‑Year‑Old Admits Heading $245 Million Crypto Scam as Principal Offender
In a dramatic turn of events that underscores the growing threat of digital‑currency crime, a 22‑year‑old Singaporean citizen has entered a guilty plea, admitting that he was the mastermind behind a massive cryptocurrency fraud that allegedly siphoned roughly $245 million worth of assets. The defendant, Malone Lam, a resident of Miami, Florida, has been charged with the theft of an astonishing 4,…
Sept. 9, 2026, 9:54 a.m.