Malone Lam pleads guilty in $245M Bitcoin theft RICO case
Malone Lam pleaded guilty to participating in a RICO conspiracy that netted over $245 million in stolen Bitcoin. The plea was entered in US District Court in Washington, D.C.
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Singaporean pleads guilty in RICO case tied to $245M crypto theft
Malone Lam pleaded guilty in Washington, D.C. federal court to one count of participating in a RICO conspiracy tied to theft and laundering of more than $245 million in Bitcoin and cryptocurrency. He faces up to 20 years.