The Latest Breaking News from Malone Lam

Singaporean Man Pleads Guilty in $245M Crypto Case Tied to $500K Nightclub Spending

Singaporean Malone Lam pleaded guilty in a US racketeering case involving more than $245 million in stolen crypto and lavish spending on nightclubs, luxury cars, rental homes and private jets.

International Business Times UK · Sep 11

22-year-old school dropout steals Rs 23,45,67,77,750 in crypto, buys 30 cars, custom Porsches, Lamborghinis and Ferraris, and a watch worth about Rs 20 crore

A Singaporean man admitted his role in a cryptocurrency racketeering operation. This enterprise allegedly stole and laundered over $245 million in digital assets. Social engineering tactics were used to target cryptocurrency holders for theft. The stolen funds were used for luxury purchases like cars and mansions. Lam faces up to…

The Economic Times · Sep 11

22-year-old pleads guilty to stealing over $240 million in bitcoin heist

IN FULL

The Independent UK · Sep 10

22-Year-Old Singaporean Who Blew a $245M Bitcoin Haul on Ferraris and $569k Club Night Pleads Guilty

Lam spent $569,528 at a Los Angeles club in one night as prosecutors continue pursuing 18 defendants in the sprawling case

International Business Times UK · Sep 8

Singaporean crypto kingpin pleads guilty to orchestrating $240 million bitcoin heist

The charges against Lam and 17 others are an extreme example of an increasingly common form of cybercrime

The Independent UK · Sep 8

Inside the crazy party life of alleged crypto scammers who went on spending spree after $240 million bitcoin theft

An alleged ringleader, 22-year-old Malone Lam, spent over $569,000 in one evening at a Los Angeles night club

The Independent UK · Sep 7

Man whose parents were kidnapped after $245M Bitcoin theft has pleaded guilty to federal charges

A Connecticut man whose parents were kidnapped after he took part in a $245 million Bitcoin theft has pleaded guilty to fraud and money laundering conspiracy charges and has agreed to testify against his co-defendants

The Independent UK · Jun 20, 2025

Feds Nab Luxurious Duo Who Stole, Laundered Over $230M In Bitcoin

Malone Lam and Jeandiel Serrano were arrested Wednesday and indicted for stealing and laundering over $230 million worth of Bitcoin from a single victim in mid-August.

International Business Times · Sep 20, 2024