CoinScoopMalone Lam Pleads Guilty to $245 Million Crypto Theft Scheme
Malone Lam, a 22-year-old Singaporean national, has pleaded guilty in a Washington D.C. court to conspiracy charges under the RICO Act. He led a criminal group responsible for stealing and laundering over 4,100 BTC, with total damages exceeding $245 million. The group's operations originated from online gaming activities.
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