Status hearing opens for Singaporean Malone Lam tied to US$260m crypto scam

Yahoo

Singaporean Malone Lam is back in US court for a status hearing. He is accused of leading a crime ring that's behind a case of fraud amounting to around US$260 million. According to prosecutors, Lam was the ringleader of a network that saw them posing as employees of Google and Yahoo — allegedly duping seven victims into revealing passwords and other sensitive information to gain access to their cryptocurrency accounts. Toni Waterman reports from outside of the court in Washington DC.

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