A 20-year-old Singaporean, Malone Lam, has requested a 'speedy trial' in a US court for charges of stealing $230 million in cryptocurrency.
Lam and his alleged accomplice, Jeandiel Serrano, are accused of using social engineering tactics to deceive a crypto investor and gain unauthorized access to over 4,100 Bitcoin.
The alleged scheme involved impersonating Google support representatives and the Gemini exchange's security team to steal cryptocurrency assets from the victim.
Lam faces up to 20 years in prison for each charge, along with substantial fines or forfeiture of illicit gains, and is currently held at Northern Neck Regional Jail in Virginia.