CoinOtag
2025-12-09 05:58:21

California Man Pleads Guilty to Laundering Millions in Stolen Bitcoin from Gaming Scheme

The gaming-based Bitcoin theft scheme involved a social engineering operation that stole over 4,100 Bitcoin, valued at $263 million, from U.S. crypto investors. Perpetrator Evan Tangeman pleaded guilty to laundering millions, marking the ninth conviction in this RICO conspiracy case prosecuted by the U.S. Justice Department. Gaming friendships evolve into a criminal network using social [...]

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