WASHINGTON DC: A Singaporean man accused of stealing US$230 million in cryptocurrency has requested a "speedy trial" in the United States. Malon
Malone Lam, a 20-year-old Singaporean who lives in Miami and Los Angeles, was among two people charged with conspiring to steal and launder US$230 million in cryptocurrency on Sep 19, 2024. Malone Lam, 20, appeared before a judge in Washington DC on Thursday for a pre-trial hearing to discuss the disclosure of evidence.
On Thursday morning, US Marshals brought Lam into the courtroom at DC District Court for the short status hearing. A speedy trial is a legal right under the US Constitution that protects against "undue delay" in criminal prosecution. It means the trial cannot be delayed indefinitely.She also asked if he wanted to continue to review the evidence his team will share with the prosecution.In a statement to CNA after Thursday's hearing, his attorney Scott Armstrong said:"Mr Lam is 20 years old and unfortunately caught up in a very complicated case. We will vigorously defend him.
The court heard that on Aug 18, Lam and his accomplice called the victim, pretending to be Google support team members. They said there had been a hack attempt on his account. Initially, they allegedly convinced the victim to transfer about US$3 million of cryptocurrency to a crypto wallet controlled by Lam.
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