Crypto news report · source clearly identified
Malone Lam’s Plea Hearing Scheduled in Washington
A plea agreement hearing for Malone Lam, accused of a $245 million Bitcoin theft, is set for Tuesday in Washington, nearly two years after his arrest in Miami.
A federal court in Washington will hold a plea agreement hearing for Malone Lam on Tuesday. The hearing comes almost two years after Lam was arrested in Miami on charges related to the alleged theft of approximately $245 million worth of Bitcoin.
Background of the Case
Lam faces accusations of orchestrating a large‑scale Bitcoin theft that resulted in losses estimated at $245 million. The case has drawn significant attention within the cryptocurrency community due to the size of the alleged theft.
Current Legal Proceedings
The upcoming hearing will address whether Lam will enter a plea agreement with prosecutors. No further details about the terms of any potential agreement have been released.
Source & attribution
News Source
- Publisher
- Decrypt
- Original date
- September 7, 2026, 5:41 PM
- Original headline
- Malone Lam Faces Plea Hearing Over $245M Bitcoin Theft