# 22-year-old crypto ringleader pleads guilty to $245 million racketeering scheme

https://mins.news/en/item/50264

- The Block, 2026-09-08 19:17 UTC
- Other
- Original: https://www.theblock.co/news/regulation/2026-09-08-a-22-year-old-crypto-ringleader-pleads-guilty-to-245-million-racketeering-scheme-413911

> Malone Lam pleaded guilty to helping lead an international social-engineering scheme that stole $245 million worth of cryptocurrency.

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