'Significant progress' made in Malone Lam crypto heist case: Lawyer

Singaporean Malone Lam returned to US federal court on Tuesday (May 5), but it remains unclear if the 21-year-old would accept a plea deal. Lam is charged with conspiring to steal and launder US$230 million in cryptocurrency.

During a hearing lasting less than 10 minutes, Lam’s lawyer John Patrick Pierce said “significant progress” had been made in the case, but he did not update the status of plea deal discussions. CNA's Toni Waterman gives an update. #usanews #usa #malonelam

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