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22-Year-Old Pleads Guilty in $245M Crypto Fraud Scheme

Source: CoinDesk

A 22-year-old Singaporean, Malone Lam, pleaded guilty to orchestrating a $245 million crypto fraud that involved stealing 4,100 bitcoin through online scams and home invasions. He faces up to 20 years in prison, highlighting the ongoing risks in the crypto space.

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