Evan Tangeman, 22, was sentenced to 70 months in federal prison for laundering at least $3.5 million tied to a $230 million Bitcoin heist, a RICO conspiracy that prosecutors called “cartoonish” in its brazenness.
Tangeman, also known as “E,” “Tate,” and “Evan|Exchanger,” pleaded guilty in December 2025 to laundering stolen funds for a criminal organization under the Racketeer Influenced and Corrupt Organizations Act. He’ll serve three years of supervised release after his sentence ends.
The underlying heist targeted a Genesis crypto exchange creditor in August 2024. Co-conspirators Malone Lam and Jeandiel Serrano spoofed Google and Gemini customer support lines, tricked the Washington, D.C., victim into resetting two-factor authentication and sharing their screen via AnyDesk, then drained 4,100 Bitcoin. Fourteen suspects have been charged in total, with nine indicted in May 2025 on racketeering, money laundering, obstruction of justice, and wire fraud conspiracy.
The group didn’t hide well. They rented homes in Los Angeles, the Hamptons, and Miami for $40,000 to $80,000 per month, ran up nightclub tabs as high as $500,000 per evening, and assembled a fleet of at least 28 cars valued from $100,000 to $3.8 million. Tangeman’s ride: a widebody Lamborghini Urus.
U.S. Attorney Pirro singled out Tangeman’s obstruction: when his co-conspirators were arrested, he moved to destroy evidence. “That is consciousness of guilt,” Pirro said, “and this office and the court have treated that accordingly.”
Co-conspirator Kunal Mehta, 45, pleaded guilty in November 2025 to laundering $25 million and is awaiting sentencing.
James Okafor