# How 4,100 stolen Bitcoin bankrolled a life of private jets and supercars

https://mins.news/en/item/51832

- CryptoSlate, 2026-09-09 18:30 UTC
- Tech
- Original: https://cryptoslate.com/how-4100-stolen-bitcoin-bankrolled-a-life-of-private-jets-and-supercars/

> Singapore citizen Malone Lam pleaded guilty to a RICO conspiracy tied to an international crypto theft network. Prosecutors say the group used social engineering and home break-ins to steal and launder more than $245 million, including over 4,100 Bitcoin taken from one Washington, D.C., victim, funding lavish cars, watches, travel and private jets.

## Related coverage

- [Singaporean, 22, pleads guilty to leading $245 million crypto fraud ring](https://mins.news/en/item/51086) — CoinDesk, 2026-09-09
- [Singaporean Malone Lam pleads guilty in US crypto theft case](https://mins.news/en/video/50864) — CNA, 2026-09-09
- [22-year-old crypto ringleader pleads guilty to $245 million racketeering scheme](https://mins.news/en/item/50264) — The Block, 2026-09-08
