$245M Bitcoin Theft: Malone Lam Pleads Guilty
The spending trail links the digital theft to property, vehicles and private aviation, giving the $245M case a clear offline footprint.
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The spending trail links the digital theft to property, vehicles and private aviation, giving the $245M case a clear offline footprint.
The 4,100 BTC taken by impersonating Google and Gemini staff is one of the largest crypto thefts ever prosecuted on US soil, and the guilty plea resets the bar for social-engineering risk.
Delgado admitted in Tampa federal court that Goliath Ventures took investor cash meant for crypto trading and routed it to luxury homes, holiday parties, and supercars.