Release News: “⚠️ UPDATE: Malone Lam has pleaded guilty to his $263M social engineeri…”

Release News @release · 6.09K subscribers

Post #6094 1.7K Sep 8, 2026, 17:17 UTC

Release News ⚠️ BREAKING: Malone Lam Expected to Plead Guilty Malone Lam is reportedly set to plead guilty tomorrow in the $263M crypto heist case. Prosecutors allege he used social engineering to steal more than 4,100 BTC from a single victim. The hearing was recently…

⚠️ UPDATE: Malone Lam has pleaded guilty to his $263M social engineering heists

Malone has pleaded guilty and faces a max sentence of 20 years after being locked up for almost 2 years without bail.

He is now the 11th person to plead guilty out of the 18 people charged in connection with the operation.

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