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Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case

Malone Lam, a 22-year-old Singaporean living in Miami, has pleaded guilty to acting as the ringleader of a scheme that seized 4,100 bitcoin, reported to be worth about $245 million. Lam led a group that obtained the cryptocurrency through online scams and by carrying out home invasions.

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