Money launderer for crypto thieves given 5-year sentence

A California man, Evan Tangeman, was sentenced to 70 months in prison and three years supervised release after pleading guilty to laundering at least $3.5 million for the "Social Engineering Enterprise," a criminal group that used stolen databases, phone-based social engineering, and physical burglaries to steal approximately $260 million in cryptocurrency from high-value targets; Tangeman purchased luxury homes and goods to conceal proceeds and took steps to destroy evidence after co-conspirators were arrested.