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Bullish🚨 $245M Crypto Crime Ring — Guilty Plea
22-year-old Malone Lam has pleaded guilty to a RICO conspiracy connected to more than $245M in cryptocurrency thefts.
Prosecutors say the group used social-engineering scams, impersonated crypto support teams, and targeted victims to gain access to their funds.
One victim reportedly lost over 4,100 $BTC in a single theft. 😳
The case is a serious reminder: protect your wallet, verify support requests, and never share your private keys or seed phrase.
📅 Lam’s status hearing is scheduled for December 8, 2026.
#Crypto #Bitcoin #Cybersecurity #Binance #Blockchain
22-year-old Malone Lam has pleaded guilty to a RICO conspiracy connected to more than $245M in cryptocurrency thefts.
Prosecutors say the group used social-engineering scams, impersonated crypto support teams, and targeted victims to gain access to their funds.
One victim reportedly lost over 4,100 $BTC in a single theft. 😳
The case is a serious reminder: protect your wallet, verify support requests, and never share your private keys or seed phrase.
📅 Lam’s status hearing is scheduled for December 8, 2026.
#Crypto #Bitcoin #Cybersecurity #Binance #Blockchain
