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Ringleader of $245M Crypto Theft Pleads Guilty
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Ringleader of $245M Crypto Theft Pleads Guilty

Malone Lam, a 22-year-old Miami resident originally from Singapore, pleaded guilty Tuesday to orchestrating one of the largest Bitcoin thefts in history. Lam admitted to serving as the ringleader of an international cybercrime group that stole 4,100 bitcoins — valued at over $230 million at the time of the theft — to finance an extravagant ...