{"id":589522,"date":"2026-04-25T22:54:55","date_gmt":"2026-04-25T22:54:55","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/25\/us-doj-sentences-man-to-70-months-in-prison-for-role-in-263m-scam-group\/"},"modified":"2026-04-25T22:54:55","modified_gmt":"2026-04-25T22:54:55","slug":"us-doj-sentences-man-to-70-months-in-prison-for-role-in-263m-scam-group","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/25\/us-doj-sentences-man-to-70-months-in-prison-for-role-in-263m-scam-group\/","title":{"rendered":"US DOJ sentences man to 70 months in prison for role in $263M scam group"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGM2NzAtN2QzZC03NjRmLWE4MzAtN2MyZjIwNjIxNjEzLmpwZw==.jpg\" alt=\"US DOJ sentences man to 70 months in prison for role in $263M scam group\" class=\"type:primaryImage\" \/><\/p>\n<p>The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.<\/p>\n<p>Evan Tangeman, a 22-year-old resident of California, was sentenced on Friday to 70 months in prison for his role in a criminal enterprise that stole about $263 million in cryptocurrencies from victims through social engineering scams and burglary.<\/p>\n<p>Tangeman pleaded guilty to the charges in December 2025 and admitted to helping members of the criminal organization launder at least $3.5 million in illicit funds, according to the US Department of Justice\u2019s (DOJ) <a title=\"https:\/\/www.justice.gov\/usao-dc\/pr\/california-money-launderer-sentenced-dc-70-months-role-scheme-stole-263-million\" href=\"https:\/\/www.justice.gov\/usao-dc\/pr\/california-money-launderer-sentenced-dc-70-months-role-scheme-stole-263-million\" target=\"_blank\" rel=\"nofollow noopener\">announcement<\/a>.<\/p>\n<p>He also received three years of supervised release in addition to his prison sentence for his role in the scheme, the DOJ said.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/doj-sentence-70-months-263m-crypto-scam\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Evan Tangeman, a 22-year-old resident of California, was sentenced on Friday to 70 months in prison for his role in a criminal enterprise that stole about $263 million in cryptocurrencies from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-589522","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/589522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=589522"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/589522\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=589522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=589522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=589522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}