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Laundering operator sentenced for role in $230M crypto heist and RICO conspiracy

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1 unique sources, 1 articles

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A 22-year-old U.S. national was sentenced to 70 months in prison for laundering at least $3.5 million of funds stolen in a $230 million cryptocurrency heist. The theft targeted a Genesis exchange creditor in August 2024 via phone-number spoofing and customer-support impersonation, resulting in the compromise of 2FA and remote access to private keys. Stolen funds were layered through mixers, exchanges, peel chains, and VPNs with accomplices, financing lavish spending including private jets, high-end vehicles, luxury residences, nightclub outings, and designer goods.

Timeline

  1. 27.04.2026 16:01 1 articles · 2h ago

    Launderer sentenced in $230M crypto heist RICO conspiracy following guilty plea

    A 22-year-old U.S. national was sentenced to 70 months in prison for laundering at least $3.5 million of proceeds from a $230 million cryptocurrency heist. The theft occurred in August 2024 against a Genesis exchange creditor using phone-number spoofing and impersonation of Google and Gemini support to trick the victim into resetting 2FA and granting remote access via AnyDesk, enabling private key theft. Laundering involved mixers, peel chains, pass-through wallets, exchanges, and VPNs with accomplices. Proceeds funded luxury assets and lifestyle expenses. The defendant pleaded guilty in December 2025 to laundering charges within the broader RICO conspiracy.

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Information Snippets

  • Evan Tangeman (age 22, Newport Beach, CA) was sentenced to 70 months in prison for laundering at least $3.5 million of proceeds from a $230 million cryptocurrency heist.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Fourteen suspects were charged in September 2024 and May 2025 as part of a RICO conspiracy involving over $230 million in cryptocurrency and associated laundering activities via exchanges and mixing services.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Malone Lam (20) and Jeandiel Serrano (21) were arrested in September 2024 and charged with stealing over 4,100 Bitcoin (worth >$230 million at the time) from a Washington, D.C., Genesis creditor in August 2024.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • The theft involved spoofed phone numbers and impersonation of customer support at Google and Gemini, leading the victim to reset 2FA and share screen access via AnyDesk to obtain Bitcoin Core private keys.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Laundering utilized peel chains, pass-through wallets, crypto mixers, exchanges, and VPNs to obfuscate identities and locations, with multiple accomplices including Tangeman.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Indicted co-conspirators face charges including racketeering conspiracy, money laundering, obstruction of justice, and conspiracy to commit wire fraud.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Proceeds were used to finance high-end purchases: private jets, at least 28 vehicles ($100,000–$3.8M each), $40K–$80K/month luxury home rentals in Los Angeles, Hamptons, and Miami, nightclub outings up to $500,000 per evening, and designer goods.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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  • Tangeman pleaded guilty in December 2025 to laundering stolen funds as part of the RICO conspiracy and was ordered to three years of supervised release following his 70-month sentence.

    First reported: 27.04.2026 16:01
    1 source, 1 article
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