The participant in the scheme to steal $263 million in Bitcoin received a prison sentence in the USA

An American court has put an end to one of the largest crypto fraud cases in recent years: one of the defendants in a scheme to steal and launder digital assets worth over $263 million, a significant portion of which was bitcoin, has received a real prison sentence. He admitted his involvement in the operation of the criminal infrastructure and made a deal with the investigation, which helped investigators to step by step restore the routes of movement of stolen funds and the roles of other network participants.

According to the case materials, the group operated for several years, combining social engineering techniques, account compromise, and technical attacks to gain access to victims' crypto wallets. After gaining control over the assets, bitcoins and other coins were quickly transferred to a chain of controlled addresses, broken down into many transactions, and "laundered" through exchanges, mixers, and front structures to hide the source of the funds.

The convicted, 22-year-old Evan Tangeman from California, was one of the key performers at the stage of withdrawal and laundering of stolen cryptocurrency for the group, for which he received a percentage of the turnover. The court qualified his actions as participation in a criminal conspiracy and money laundering, sentencing him to several years in prison and ordering him to compensate part of the illegally obtained benefit.

US authorities emphasize that this sentence should serve as a warning to all who assist such schemes "from the shadows": not only organizers, but also those who engage in cashing, masking transactions, and technical support, bear full criminal responsibility. For the market, this is another signal that the hope for complete impunity due to anonymity and complex chains in the blockchain is increasingly unjustified: major cases inevitably become the object of targeted investigations.

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