The Block

A 22 year-old crypto ringleader pleads guilty to $245 million racketeering scheme

A 22 year-old crypto ringleader pleads guilty to $245 million racketeering schemeWorldPing

Malone Lam pleaded guilty for his role in leading an international "social engineering" scheme, stealing $245 million worth in cryptocurrency.

This is a short WorldPing brief. The full report was published by The Block.

Read the full report at The Block

More coverage: all crypto & markets news on WorldPing.

Related news

New York town weighs crypto mining and AI data center banWorldPing
Cointelegraph

New York town weighs crypto mining and AI data center ban

One of the first towns in the US to ban Bitcoin mining for 18 months is considering another temporary moratorium extending to data centers and other crypto mining operations.

Brief by WorldPing · Original reporting by Cointelegraph

Here’s what happened in crypto todayWorldPing
Cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Brief by WorldPing · Original reporting by Cointelegraph

Robinhood Takes Stakes in Crypto.com and Its $5B Prediction SpinoutWorldPing
Bitcoin.com

Robinhood Takes Stakes in Crypto.com and Its $5B Prediction Spinout

Robinhood said Tuesday it will route some football event contracts through OG.com’s federally regulated exchange while taking minority equity stakes in the platform and its former parent, Crypto.com.

Brief by WorldPing · Original reporting by Bitcoin.com