Malone Lam $240M Bitcoin heist plea: legal stakes for 18 charged
As Malone Lam's plea hearing opens, federal prosecutors seek a capstone conviction in a $240M social engineering crypto theft. The case tests DOJ enforcement capacity after last year's disbanding of its dedicated crypto-crime unit and frames restitution, forfeiture, and sentencing questions for 18 defendants.
Source: ABC News · Michael Kunzelman, The Associated Press; Michael Kunzelman; The Associated Press; Feedloaderapi