A 22-year-old California man has been sentenced to 70 months in federal prison for his involvement in laundering millions of dollars tied to a massive $263 million cryptocurrency theft. According to the U.S. Attorneys Office for the District of Columbia, Evan Tangeman of Newport Beach played a key role in moving stolen Bitcoin and helping a criminal network conceal its profits. Tangeman admitted to laundering at least $3.5 million for a multi-state group responsible for stealing over 4,100 Bitcoin from a single victim. The operation, which ran from October 2023 to May 2025, reportedly… Read more
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