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Party's over for crypto scammers who went on a spending spree after a $240 million bitcoin theft

The Washington PostView source article

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Malone Lam pleads guilty to $245 million Bitcoin theft from Gemini impersonation scheme

Malone Lam, 22, is expected to plead guilty in federal court to orchestrating a $240-245 million Bitcoin theft by impersonating Google and Gemini staff to trick a Washington investor. A Singaporean co-conspirator also pleaded guilty.

Sep 7, 2026·4 sourcesCrypto hacksCrypto regulationBitcoin security & risksSocial engineering attacksCrypto custody regulation
Malone Lam pleads guilty to $245 million Bitcoin theft from Gemini impersonation scheme
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Decrypt

Malone Lam Faces Plea Hearing Over $245M Bitcoin Theft - Decrypt

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Crypto Briefing

Singaporean pleads guilty in $240M Bitcoin theft case involving Gemini impersonation