Investment
Features
FeesSafety
Academy
More
Pluang+

Leader of $240M Bitcoin theft faces plea deal after 10 co-defendants admit guilt

Market News
07 Sep 2026
Crypto news
View Source
Bearish
Leader of $240M Bitcoin theft faces plea deal after 10 co-defendants admit guilt

Share Malone Lam, accused of leading a group that stole over $240 million in Bitcoin from a Washington investor using social engineering, is set for a plea agreement hearing. The group accessed the victim's accounts by impersonating trusted entities and laundered the stolen crypto through multiple platforms, spending millions on luxury goods before FBI arrests in 2024. Lam could face at least 14 years in prison if convicted. This case highlights ongoing risks of social engineering attacks in cryptocurrency thefts and the challenges law enforcement faces in curbing such crimes.

More News

Vereigen Media wins Gold at 2026 TITAN Awards for Verified Content Engagement lead generation solution

Vereigen Media wins Gold at 2026 TITAN Awards for Verified Content Engagement lead generation solution

Vereigen Media's Verified Content Engagement (VCE) solution won Gold at the 2026 TITAN Business Awards for improving B2B lead quality through first-party data, human verification, and engagement validation. This approach helps marketing teams deliver...

Others
Neutral
19 minutes ago
UBS Group AG surpasses 5% ownership in Bang & Olufsen shares as of October 9, 2026

UBS Group AG surpasses 5% ownership in Bang & Olufsen shares as of October 9, 2026

UBS Group AG has officially notified that it holds 7,768,727 shares in Bang & Olufsen A/S, representing 5.27% of the company's total share capital and voting rights as of October 9, 2026. This disclosure is made in compliance with the Danish Capital ...

Market News
Neutral
1 hour ago
Norsk Hydro to release Q3 2026 results on Oct 23 with live webcast presentation.

Norsk Hydro to release Q3 2026 results on Oct 23 with live webcast presentation.

Norsk Hydro will publish its third-quarter 2026 financial results on October 23, 2026, at 07:00 CEST. The company's CEO and CFO will present the results via a live webcast at 08:30 CEST the same day, allowing investors to ask questions online. There ...

Company Fundamentals
Neutral
2 hours ago
Admiral Group directors acquire shares via dividend reinvestment plan on Oct 14, 2026

Admiral Group directors acquire shares via dividend reinvestment plan on Oct 14, 2026

On October 14, 2026, Michael Brierley, a Non-Executive Director of Admiral Group plc, and his wife Rachel Brierley acquired shares of the company through a dividend reinvestment trading plan. The transactions involved purchasing ordinary shares at pr...

Company Fundamentals
Neutral
2 hours ago
FDA approves Roche’s Enspryng as first at-home treatment for thyroid eye disease

FDA approves Roche’s Enspryng as first at-home treatment for thyroid eye disease

The FDA has approved Roche's Enspryng (satralizumab) as the first and only at-home subcutaneous treatment for adults with thyroid eye disease (TED). This approval follows positive results from Phase III SatraGO-2 trials showing significant reductions...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App