May 16, 2025

DOJ Indicts 12 in Major Crypto Conspiracy Linked to Malone Lam’s $263 Million Fraud Scheme

The US Department of Justice has indicted 12 individuals in a massive $263 million cryptocurrency fraud scheme, highlighting ongoing federal efforts to combat cybercrime.This indictment follows the arrest of Malone Lam, the alleged ringleader, and …

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