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California Man Sentenced for $263 Million Cryptocurrency Theft Impacting El Paso

KTSM••John Ross Ferrara
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Evan Tangeman, a 22-year-old from Newport Beach, California, has been sentenced to 70 months in prison for orchestrating a scheme that stole $263 million in cryptocurrency. U.S. Attorney Jeanine Pirro revealed that Tangeman's actions were part of a multi-state criminal enterprise that employed social engineering tactics to execute the theft. This case highlights the growing concern over cryptocurrency security and the potential risks for investors, including those in El Paso. Residents are urged to remain vigilant against similar scams.

Key Details: • Evan Tangeman sentenced to 70 months in prison. • The theft involved $263 million in stolen cryptocurrency. • Residents should be cautious of social engineering scams.

crime scams security law cryptocurrency

People & Organizations

Jeanine PirroEvan Tangeman

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