SoCal man who laundered $263M in stolen crypto, lived 'fantastically extravagant' lifestyle, sentenced to prison

A 22-year-old Newport Beach man, Evan Tangeman, was sentenced to 70 months in prison for laundering $263 million in stolen cryptocurrency to fund an extravagant lifestyle. The U.S. Attorney Jeanine Pirro stated he used an elaborate social engineering scheme orchestrated by a multi-state criminal enterprise.