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Singaporean man pleads guilty in $245 million crypto fraud scheme

CoinDesk ·

Malone Lam, a 22-year-old Singaporean resident in Miami, has pleaded guilty to leading a criminal ring responsible for stealing 4,100 Bitcoin. The group executed the $245 million fraud through a combination of online scams and physical home invasions.

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Summaries are written by AI from the original article. Not investment advice.

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