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$500,000 Nightclub Bills and 28 Exotic Cars: Inside the Bitcoin Theft Ring That Shook the US
By Trader Edge at 2026-09-09 04:18
Sentiment: Negative
TLDR Malone Lam, 22, pleaded guilty to a RICO racketeering conspiracy for organizing a $245 million crypto theft ring The group used social engineering and home break-ins to steal Bitcoin from victims Stolen funds were spent on exotic cars, nightclub bills of $500,000 per visit, and luxury goods The conspiracy ran from at least October [...] The post $500,000 Nightclub Bills and 28 Exotic Cars: Inside the Bitcoin Theft Ring That Shook the US appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #Bitcoin #News
Source Coin Central