Storyline
$240M bitcoin theft cryptoscam case 2026
One page that accretes the verified record as the story develops. Every fact keeps its date and its sources.
1 DAYS
18 FACTS
1 EVENTS
1 SOURCES
FIRST ENTRY SEP 07
SEP 07 · Day 1
Alleged cryptoscam ringleader set for plea hearing in $240M bitcoin theft
The group siphoned off more than 4,100 Bitcoin, then worth over $240 million.
U.S. Magistrate Judge Alicia Valle likened the case to 'Ferris Bueller gone bad.'
Lam allegedly used stolen cryptocurrency to purchase a $2 million watch and more than 30 vehicles, including custom Porsches, Lamborghinis and Ferraris.
“I could only think of Ferris Bueller gone bad,”
ALICIA VALLE
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