22‑Year‑Old Singaporean Admits Leading $245 Million Crypto Scam
Malone Lam, a 22‑year‑old citizen of Singapore who has been residing in Miami, Florida, recently entered a guilty plea in federal court, acknowledging his role as the mastermind behind a massive cryptocurrency fraud that is estimated to have siphoned off approximately $245 million in value. The case, which has drawn considerable attention from law‑enforcement agencies, investors, and the broader …
Sept. 9, 2026, 9:54 a.m.