# Crypto Heist Crew Lives Lavish Fantasy | Durham News

Page: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/crypto-heist-crew-lives-lavish-fantasy-durham-news
Text version: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/crypto-heist-crew-lives-lavish-fantasy-durham-news.md
Podcast: [Durham News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659)
Published: 2026-09-07T13:37:11+00:00
Episode link: https://sources.thednn.ai/2894809cd0a0f25b
Audio file: https://api.fastcast.ai/audio/7ccc5b8a-8e98-4bd6-b607-0edc2dec230e.mp3
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Duration seconds: 123

## Resource

A crew of reckless teens pulled off a $240 million crypto heist, living like kings in Miami and the Hamptons before their wild spree unraveled. Led by 22-year-old Malone Lam, who dropped out of school in Singapore, they used social engineering to steal Bitcoin—only to blow it on sports cars, private jets, and luxury mansions. One member’s IP slip-up led investigators to him, while another gifted his parents a Lamborghini and hid cash in their laundry machine—only for his own parents to be carjacked by extortionists. The FBI recovered $37 million in stolen crypto from one suspect’s apartment. Eighteen people are now charged, with Lam likely facing 14+ years in prison—a cautionary tale that even the slickest tech can’t outrun the law or the consequences of living beyond your means. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/2894809cd0a0f25b

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