Scammer who stole 4,100 Bitcoin appears in US court charged with wire fraud
Singaporean national Malone Lam has appeared in court in the United States after being charged for allegedly stealing over 4,100 BTC, currently valued at approximately $274 million, from a private investor in Washington, according to local media.
Lam, 20, and his co-conspirator, Jeandiel Serrano, 21, are accused of executing a sophisticated social engineering scheme that marks one of the largest crypto thefts from an individual in US history.
According to the unsealed indictment from the United States District Court for the District of Columbia, Lam and Serrano identified the victim as a high-net-worth crypto investor. They orchestrated unauthorized access to the victim’s Google account notifications, making it appear that security…
