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Man pleads guilty in one of the largest cryptocurrency thefts in US history

Crypto & Finance · 2026-09-08T16:59:55.000Z

A 22-year-old man from Singapore has pleaded guilty to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident and then emba…

A 22-year-old man from Singapore has pleaded guilty to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident and then embarking on a wild spending spree with the laundered proceeds. Source: https://apnews.com/article/cryptocurrency-scam-malone-lam-guilty-58db2e40ba8b20bff8c70eb5d9d6b537