Singaporean man pleads guilty to orchestrating $245 million cryptocurrency theft and money laundering crimes.

2026-09-09 08:57 Source： www.justice.gov Event types： Security/Hacker

The U.S. Department of Justice stated that 22-year-old Singaporean national Marlon Ram pleaded guilty in federal court in Washington, D.C., admitting to participation in a conspiracy under the Racketeer Influenced and Corrupt Organizations Act. Prosecutors said the criminal network began operating around October 2023, obtained victims' information through social engineering and individual burglaries, and stole and laundered over $245 million in cryptocurrency.