[Key Suspect in Crypto Scam Case, Malone Lam, Pleads Guilty to $245 Million Scheme] According to The Block, 22-year-old Singaporean suspect Malone Lam (nicknamed 'Greavys') has pleaded guilty to a federal charge of conspiracy to commit racketeering, involving a total amount of $245 million. Prosecutors accused him of orchestrating a transnational 'social engineering' network, employing methods such as impersonating customer service representatives, database breaches, and hardware wallet theft to steal victims' crypto assets. Co-conspirator Evan Tangeman was sentenced to 70 months in prison for money laundering in April this year. Lam faces a maximum sentence of 20 years in prison, with the sentencing hearing scheduled for December 8.