22-Year-Old Singaporean Admits Leading $245 Million Cryptocurrency Scam
In a case that has drawn attention from regulators, law‑enforcement agencies, and the broader cryptocurrency community, a 22‑year‑old Singaporean national has entered a guilty plea for serving as the mastermind behind a massive fraud operation that allegedly siphoned roughly $245 million worth of digital assets. The defendant, Malone Lam, who now resides in Miami, Florida, faces a litany of charg…
Sept. 9, 2026, 9:54 a.m.