Ninth Defendant Pleads Guilty in $263M Crypto Social-Engineering Scheme – Decrypt

Dec 9, 2025 - 05:45
Ninth Defendant Pleads Guilty in $263M Crypto Social-Engineering Scheme – Decrypt
In brief A 22-year-old California man became the ninth defendant to plead guilty in a RICO-designated crypto-theft ring tied to more than $263 million in stolen Bitcoin. Prosecutors say Evan Tangeman helped launder millions, securing luxury rentals under false identities and converting stolen crypto into bulk cash for the group. A new indictment adds three...

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