A 22 year-old crypto ringleader pleads guilty to $245 million racketeering scheme

A 22 year-old crypto ringleader pleads guilty to $245 million racketeering scheme

Malone Lam pleaded guilty for his role in leading an international "social engineering" scheme, stealing $245 million worth in cryptocurrency.

Sep 8, 2026 · byThe Block

Malone Lam pleads guilty in $245M crypto theft conspiracy

US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home break-ins.

Sep 9, 2026 · byCointelegraph

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

Sep 9, 2026 · byCoinDesk

Crypto Crime Empire Crumbles as 22-Year-Old Ringleader Malone Lam Pleads Guilty

"If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable," said US Attorney Pirro.

Sep 9, 2026 · byCryptoPotato

Ringleader of $245M Crypto Theft Pleads Guilty

Bitcoin Magazine Ringleader of $245M Crypto Theft Pleads Guilty The 22-year-old criminal ringleader led one of the biggest bitcoin heists in U.S. history. This post Ringleader of $245M Crypto Theft Pleads Guilty first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Sep 10, 2026 · byBitcoin Magazine