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Singaporean Man Pleads Guilty in $245M Crypto Case Tied to $500K Nightclub Spending

International Business Times UK — September 11, 2026 at 02:56 PM UTC

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Singaporean Man Pleads Guilty in $245M Crypto Case Tied to $500K Nightclub Spending

Singaporean Malone Lam pleaded guilty in a US racketeering case involving more than $245 million in stolen crypto and lavish spending on nightclubs, luxury cars, rental homes and private jets.