In brief
- Evan Tangeman, 22, of Newport Beach was sentenced to 70 months in federal prison for money laundering.
- The criminal enterprise he worked with allegedly stole more than $263 million in cryptocurrency, with Tangeman admitting to having laundered at least $3.5 million for the organization.
- Law enforcement seized luxury vehicles from his residence including a 2022 Rolls Royce Ghost and Porsche GT3 RS.
A 22-year-old California man was sentenced to 70 months in federal prison Friday for laundering millions of dollars in stolen cryptocurrency proceeds for a “multi-state criminal enterprise” that stole more than $263 million.
Evan Tangeman of Newport Beach was also also ordered to serve three years of supervised release by U.S….
