Security
Malone Lam Pleads Guilty in $245 Million Bitcoin (BTC) Theft Conspiracy
COINOTAG·September 9, 2026·1 min read
Malone Lam, 22, pleaded guilty to a RICO conspiracy that drained over $245 million in Bitcoin and crypto from victims through social engineering and home invasions. The plea marks a major resolution in one of the largest crypto theft cases, highlighting the severity of targeted attacks on digital asset holders.
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