> $245 million in stolen crypto funded racketeering crew’s lavish lifestyle

A 22-year-old man built his fortune by breaking into strangers’ digital wallets, then spent it on nightclub tabs, private jets, and a fleet of cars worth millions. Malone Lam, a Singapore citizen, pleaded guilty this week in a Washington D.C. federal court to running a racketeering conspiracy that stole and laundered more than $245 million in cryptocurrency. Lam, who used the aliases “Anne Hathaway,” “$$$,” and “King Greavy,” is belived to have organized the operation, … More → The post $245 million in stolen crypto funded racketeering crew’s lavish lifestyle appeared first on Help Net Security.