SecurityFortuneabout 2 hours ago
Bitcoin RICO case targets $240M heist ringleader
7 min read
Malone Lam faces sentencing after allegedly orchestrating a social engineering attack that stole over 4,100 bitcoin worth $240 million from a Washington, D.C. resident. Lam, an eighth-grade dropout from Singapore, has a plea agreement hearing set for Tuesday and faces at least 14 years in prison.
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