Singaporean Accused Of $230M Crypto Scam Seeks ‘Speedy Trial’ In US—Details
A 20-year-old Singaporean, Malone Lam, has requested a “speedy trial” in a US court, following charges of stealing roughly $230 million in cryptocurrency. Lam appeared before a judge in Washington, D.C., to discuss evidence disclosure during the pre-trial proceedings.
Along with his alleged accomplice, Jeandiel Serrano, Lam is accused of using sophisticated social engineering tactics to deceive a crypto investor and gain unauthorized access to over 4,100 Bitcoin.
US prosecutors have narrated the incident as one of the “largest crypto thefts involving a private individual in US history.” Lam was arrested at Hartsfield-Jackson Atlanta International Airport earlier this year and was subsequently transferred to the Central…