Malone Lam, a 22-year-old Singaporean accused of leading the theft of more than 4,100 Bitcoin from a Washington, D.C., investor, is scheduled to enter a guilty plea in U.S. federal court on September 9, 2026. At least 10 of the 18 people charged in the case have already pleaded guilty, court filings show. Prosecutors say the group used calls impersonating Google and Gemini employees on August 18, 2024, to obtain access to the investor's Google Drive and security codes. The Bitcoin was valued at roughly $263 million when stolen and at more than $368 million at current prices, according to the Justice Department. Earlier accounts also valued the theft at $245 million and above $230 million. The Justice Department says the alleged criminal enterprise operated from October 2023 through at least May 2025, using database hackers, callers, target identifiers and residential burglars targeting hardware wallets. A second superseding indictment added three defendants, while codefendant Evan Tangeman's guilty plea to racketeering conspiracy was announced alongside the filing. Lam faces federal sentencing guidelines calling for at least 14 years in prison, and U.S. District Judge Colleen Kollar-Kotelly has rejected youth-based defense arguments in related proceedings.