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22-Year-Old Pleads Guilty in $263 Million Bitcoin and Crypto Theft

Summary by Activist Post
Evan Tangeman, 22, pleaded guilty to laundering $3.5 million for a multi-state social engineering and crypto scheme that stole 4,100 Bitcoin worth $263 million at the time. A 22-year-old California resident has pleaded guilty to his role in a multi-state social engineering scheme that stole roughly $263 million in crypto. Evan Tangeman of Newport Beach, California, admitted laundering $3.5 million in crypto for the criminal enterprise, the U.S. …
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Activist Post broke the news in on Friday, December 19, 2025.
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