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- Crypto Scammer Avoids Prison & Launches New Coin 🏴☠️
Crypto Scammer Avoids Prison & Launches New Coin 🏴☠️
Malone Lam Strikes Controversial Deal and Returns to Crypto Scene
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Here’s what you need to know:
What happened: Malone Lam, a notorious crypto scammer, dodged prison time despite stealing over $200M.
Why no prison? As part of a plea deal, Lam will serve two years of community service and work for MicroStrategy’s cybersecurity team, using his “expertise” in cyber threats to help protect digital assets—a move sparking major backlash.
Current update: Fresh out of legal trouble, Lam is launching a new cryptocurrency, Shaquille Oatmeal, with MicroStrategy backing the project.
READ HERE ⬇️
🚨BREAKING: Crypto scammer Malone Lam, who stole over $200M, won’t face prison after all. Instead, he’ll serve two years of community service and work on MicroStrategy’s cybersecurity team as part of his deal.
— jdub 🇮🇱 (@jdubz069)
4:37 PM • Feb 1, 2025
Steals and gets hired? Community is outraged! 😡
my guy made 200M, spent it all and lived like a billionaire for a month
then skipped jail and got awarded a job
— CW (@cwsaas)
5:38 PM • Feb 1, 2025
Wait… so you steal $200M and your punishment is a job at MicroStrategy? 💀
At this rate, I might start “accidentally” rug-pulling projects too. SEC, where do I apply for my slap on the wrist and six-figure salary?
— EveryBiz (@biz_every)
2:00 PM • Feb 2, 2025
If you are a really good criminal you may get lucky and the elites running this world have the power to reduce your sentence and offer you a position doing the same thing you did before..... but for them.
— XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets)
6:17 PM • Feb 1, 2025
steals 200M
gets job at company holding largest amount of bitcoin
gg
— 4 (@4btc_)
5:53 PM • Feb 1, 2025
wtf??? scammed millions and got away with it? he needs to be jailed lifetime.
— supremo.eth (@supremo_web3)
5:43 PM • Feb 1, 2025
This case raises serious concerns about accountability in the crypto space—where convicted scammers can re-enter the industry with high-profile support instead of facing legal consequences.
As this situation unfolds, it’s crucial to stay informed, research projects thoroughly, and remain skeptical of high-profile endorsements. Trust is earned, not given. 🔍🚨