A man in the United States was sentenced to 70 months in prison for participating in a $263 million cryptocurrency scam
Prefer us on Google
According to Cointelegraph, 22-year-old resident Evan Tangeman from California was sentenced to 70 months in prison on Friday for participating in a crime that involved stealing approximately $263 million in cryptocurrency from victims through social engineering scams and burglary.
According to a statement from the U.S. Department of Justice (DOJ), Tangeman pleaded guilty to related charges in December 2025 and admitted to assisting members of the criminal organization in laundering at least $3.5 million in illegal funds. The DOJ stated that in addition to imprisonment, he was also sentenced to three years of supervised release.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Malone Lam pleads guilty to stealing $245 million in cryptocurrencies
Singaporean Malone Lam Pleads Guilty to $245 Million Fraud Case
A California money launderer was sentenced to 70 months in prison for participating in a $263 million cryptocurrency theft case
NBA Requests Access to Prediction Market Data to Detect Manipulation
Russia Used ChatGPT for Operations in Argentina and Bolivia
The Crucial Significance of Next Week's US CPI: Will the Fed Hold Rates Steady in October?
"Real-life payment penetration"... Digital asset card payments in Q3 up 33% from the previous quarter
Cryptocurrencies, Children from Uganda, and an Accusation Shaking Flavio Bolsonaro's Campaign
Major Buyer Exiting Soon: Who Will Absorb the Potential Selling Pressure of Over $7 Million in ETH Daily?
30-Year Rate at 5.7%: Bitcoin Stuck Between the Fed and Debt
Zcash Pushes for Quantum-Resistant Payment Implementation by January Next Year
OJK Prepares New Crypto Trading System in Indonesia, Will the Role of Exchanges Change? - Fintech World
Endeavor Catalyst Raises $320 Million to Invest in Startups Outside Silicon Valley
IPCA Above the Target Ceiling: What Changes for Interest Rates and Investments
Behind the Boom of Stock Tokenization: Who is Making Money and Who is Being Used?
Ondo Private Markets Launches Tokenized Pre-IPO AI Notes: How They Work, Who Can Buy, and Why They Are Not Shares
Insights from TOKEN2049: What Changes Are Happening in the Industry?
Samsung Wallet Adds USDC on Solana for 82 Million US Galaxy Devices: What Launches in October and What Remains Unconfirmed
When Agents Learn to 'Collude': As AI Becomes Smarter, How to Define Safe Boundaries?
ESMA Gives EU Crypto Platforms Three Months to Drop Non-MiCA Stablecoins: What It Means for USDT Holders in Europe
What still works in crypto marketing in 2026 (and what doesn’t)
Trump's Tax Cuts and Strategic Reserve Release Fail to Curb Oil Prices; Energy Price Pressure Before Midterm Elections Ultimately Depends on Middle East Situation
Is AI Breaking the Mathematical Fortress? Is the 'Mathematical Apocalypse' of Cryptocurrency Just a False Alarm?
Sha Ai Lun Talks to Sun Yuchen: How Can Young People Seize Opportunities in the AI Era?
AI agents can pay for your shopping. Who gets your money back?
Kevin O'Leary's Latest Interview: The Next Stop for AI is Not Models, But Energy
Florida imposes new limits for using cryptocurrency ATMs ranging from $2,000 to $10,000
Bitcoin and Quantum Risk: This Study Shows Which Exchanges Are Most Exposed
Polkadot Launches Stablecoin 'dotUSD' Under DAO Governance with USDT Issuance and US Treasury Seed Funding
PLTR Stock Near $200: Can Palantir Break Its Recent High After Goldman's $230 Target and a $250 Call?
PLTR stock climbed about 2% to roughly $198 to $199 on October 8, 2026, after Goldman Sachs upgraded Palantir to Buy with a $230 target. The all-time high sits near $207, and the valuation is steep. This article covers what the upgrade says, where the price levels are and what could stop a breakout.
Malone Lam pleads guilty to stealing $245 million in cryptocurrencies
Singaporean Malone Lam Pleads Guilty to $245 Million Fraud Case
A California money launderer was sentenced to 70 months in prison for participating in a $263 million cryptocurrency theft case
NBA Requests Access to Prediction Market Data to Detect Manipulation
Russia Used ChatGPT for Operations in Argentina and Bolivia
The Crucial Significance of Next Week's US CPI: Will the Fed Hold Rates Steady in October?
Contents
Latest articles
Latest coin listings on WEEX
