According to CoinMeta, Malone Lam is suspected of stealing over 4,100 BTC, worth more than $240 million, through social engineering attacks. He once spent over $569,000 in a single night at a nightclub in Los Angeles and purchased watches worth $2 million as well as several luxury cars. Investigations reveal that the suspect carried out fraud by impersonating employees of Google and Gemini. To date, 18 defendants have been prosecuted; one suspect exposed IP while attempting to hide $30 million in assets, while another suspect had $37 million in stolen assets seized. Malone Lam is expected to attend a plea deal hearing on Tuesday of this week.