[Involvement in $230 Million Bitcoin Theft Case, Malone Lam to Appear for Plea Hearing on Tuesday] Odaily Planet Daily reports that Malone Lam is expected to appear in federal court on Tuesday for a plea hearing related to an alleged $230 million Bitcoin theft case. Prosecutors claim that in August 2024, Malone Lam led an 18-person group to obtain over 4,100 Bitcoins from a Washington, D.C. investor through social engineering tactics. The proceeds were then allegedly used to purchase cars, luxury homes, private jets, and spent at clubs. If Malone Lam pleads guilty, he will become the 11th defendant to plead guilty in this case. (Bitcoin News)