In brief
- A 22-year-old California man became the ninth defendant to plead guilty in a RICO-designated crypto-theft ring tied to more than $263 million in stolen Bitcoin.
- Prosecutors say Evan Tangeman helped launder millions, securing luxury rentals under false identities and converting stolen crypto into bulk cash for the group.
- A new indictment adds three more alleged members, as authorities depict the Social Engineering Enterprise as a coordinated network of criminals.
A 22-year-old California man has become the ninth defendant to plead guilty in a RICO-style crypto theft ring that drained roughly $263 million in Bitcoin from a single Washington, D.C. victim, and hundreds of millions more from other targets across the U.S.
