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Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case

CoinDesk· Olivier Acuna· Sep 9, 2026 · 9:54 AM
Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case

Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions.

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