# Singaporean Malone Lam pleads guilty in US crypto theft case

https://mins.news/en/video/50864

- CNA, 2026-09-09 05:52 UTC
- World
- Original: https://www.youtube.com/watch?v=rQR7tSMTPOg

> 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.

## Related coverage

- [Ministerial Salaries, Malone Lam and ReadSG | Three Questions from the Pantry](https://mins.news/en/video/54527) — Lianhe Zaobao, 2026-09-11
- [First look at forfeited luxury goods from Singapore's S$3 billion money laundering case](https://mins.news/en/video/53350) — CNA, 2026-09-10
- [Singaporean, 22, pleads guilty to leading $245 million crypto fraud ring](https://mins.news/en/item/51086) — CoinDesk, 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