22‑Year‑Old Singaporean Admits to Leading $245 Million Cryptocurrency Fraud Scheme
Malone Lam, a 22‑year‑old Singaporean now living in Miami, has entered a guilty plea in federal court, acknowledging his role as the mastermind behind one of the most audacious cryptocurrency frauds in recent memory. The case, which has drawn the attention of law‑enforcement agencies across multiple continents, involves the illicit acquisition of approximately 4,100 Bitcoin – a sum that, at curre…
Sept. 9, 2026, 9:54 a.m.