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Singapore man Malone Lam pleads guilty after massive US bitcoin heist and spending spree
South China Morning Post
September 8, 2026
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A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington resident – one of the largest cryptocurrency thefts in US history – and then embarking on a wild spending spree with the laundered proceeds. Malone Lam, an ei
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