WASHINGTON, D.C. – Malone Lam, a 22-year-old citizen of Singapore and recent Miami resident, pleaded guilty today in U.S. District Court for his leadership role in a vast international cybercrime conspiracy that resulted in the theft and laundering of cryptocurrency worth over $245 million. U.S. Attorney Jeanine Ferris Pirro announced the plea, emphasizing the commitment of law enforcement to dismantle cybercrime operations that exploit unsuspecting victims.
During the court proceedings before Judge Colleen Kollar-Kotelly, Lam admitted to participating in a RICO conspiracy, which involved a network of individuals from various states, including California, Connecticut, New York, and Florida, as well as international connections. The criminal enterprise reportedly began its operations in October 2023 and continued through May 2025, utilizing social engineering tactics and even physical break-ins to access victims’ cryptocurrency wallets.
Lam, who went by several aliases including “Anne Hathaway” and “King Greavy,” was responsible for identifying potential victims and coordinating the roles of his accomplices. Members of this conspiracy allegedly used the stolen funds to finance extravagant lifestyles, purchasing luxury items such as high-end cars, expensive watches, and lavish nightclub experiences, some costing as much as $500,000 for a single night.
The U.S. Attorney’s Office highlighted the collaboration with the FBI and IRS-Criminal Investigation in their ongoing efforts to combat such cybercriminal activities. Law enforcement arrested Lam at his rental home in Miami on September 18, 2025, as part of this investigation. A status hearing has been scheduled for December 8, 2026, where further developments in the case will be addressed.
As Washington, D.C. continues to grapple with issues of cybercrime and public safety, this case serves as a stark reminder of the vulnerabilities that exist in the digital landscape. Authorities urge residents to remain vigilant and report suspicious online activities to help protect themselves and their assets.
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