Party's over for crypto scammers who went on a spending spree after a $240 million bitcoin theft

A 22-year-old man from Singapore is expected to plead guilty this week in Washington to orchestrating one of the largest cryptocurrency thefts in U.S. history, duping a stranger out of bitcoin worth over $240 million. This Justice Department grand jury superseding indictment against Malone Lam and his co-defendants is photographed Friday, Sept. 4, 2026 [1].

Sources

1. click2houston.com · Party's over for crypto scammers who went on a spending spree after a $240 million bitcoin theft Sep 7, 2026

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