Crypto Fraud on goodinfo.net Daily https://goodinfo.net/en/tags/crypto-fraud/ goodinfo.net daily curated global news: AI, tech, finance, and world affairs. Hugo -- gohugo.io en goodinfo.net Wed, 09 Sep 2026 18:35:00 +0800 [Brief] Singaporean 22-Year-Old Pleads Guilty in USD 245 Million Crypto Fraud Case https://goodinfo.net/en/posts/crypto/brief-singapore-22yo-245m-crypto-fraud-guilty-sep2026/ Wed, 09 Sep 2026 18:35:00 +0800 goodinfo.net https://goodinfo.net/en/posts/crypto/brief-singapore-22yo-245m-crypto-fraud-guilty-sep2026/ Miami-resident Malone Lam has pleaded guilty to leading a USD 245 million crypto fraud ring that stole roughly 4,100 bitcoin through online scams and home-invasion robberies. A 22-year-old Miami resident, Malone Lam, has pleaded guilty to leading a USD 245 million crypto fraud ring that stole roughly 4,100 bitcoin from victims through online scams and home-invasion style robberies. According to the indictment, the ring targeted crypto holders using tactics including impersonating exchange customer service staff and forging security verification flows, and in some cases used physical coercion against victims. The investigation was jointly pursued by Singaporean and US law enforcement, with the Singapore authorities initially identifying victims at home before tracing the ring across the Pacific and coordinating with US federal agencies.

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