22-Year-Old Crypto Thief Faces 20 Years | Durham News

A 22-year-old crypto thief, Malone Lam, just admitted to stealing $245 million in Bitcoin from a single D.C. victim — one of the biggest heists in U.S. history. Using social engineering, he and his crew tricked the victim into handing over access and codes by posing as Google and a crypto exchange. After the theft, Lam went on a lavish spending spree — buying luxury cars, Miami mansions, and dropping hundreds of thousands at nightclubs — before the FBI caught up with him in Miami. Now facing up to 20 years in prison, he couldn’t even recall which high-end cars he personally bought — all while the money vanished faster than it came. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/a2ec7ab475700c8c