Malone Lam's alleged US$230m crypto scam | CNA Explains [n-rVirahGzG]

Malone Lam's alleged US$230m crypto scam | CNA Explains [n-rVirahGzG]

| 1h 28m 28s | Video has closed captioning.

Singaporean suspect Malone Lam shot to infamy after he was arrested for allegedly stealing US$230 million in cryptocurrency. The 20-year-old used the money for swanky cars, travel, luxury watches and parties at clubs. How did he pull off "one of the largest cryptocurrency thefts" from a private individual US history? Here's what we know. Read more: More CNA Explains videos: 00:00 Introduction 01:11 The scam 04:14 The spending spree 05:05 The arrest 05:42 What's next? Subscribe to our channel here: Subscribe to our news service for must-read stories: Telegram - WhatsApp - Follow us: CNA: CNA Lifestyle: Facebook: Instagram: Twitter: TikTok: #bitcoin in dollar aktuell #ibit ishares bitcoin trust #bitcoine