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WorldSingaporean Malone Lam pleads guilty in US crypto theft case
Singaporean Malone Lam pleaded guilty in a US court to one of the largest cryptocurrency thefts in American history. The 22-year-old admitted orchestrating and leading a crime ring that stole more than US$265 million in virtual currency from multiple victims. The US attorney for Washington, DC said Lam led an international network that targeted victims through deception.