SINGAPORE, Nov. 19 -- Singaporean Malone Lam, accused of masterminding a US$260 million (RM1.08 million) cryptocurrency fraud ring, has been offered a fresh plea deal by US prosecutors as his case moves through the federal courts.

CNA reported that Lam's lawyer, John Patrick Pierce, confirmed that the government had extended a new plea offer the previous evening, which Lam is still weighing against the option of going to trial.

Pierce highlighted the extraordinary volume of electronic evidence produced by the government, prompting the court to approve Lam's access to a computer for discovery review.

The device, restricted to the Alexandria County Jail library and without internet access, will allow Lam to examine the materials that cou...