A 22 year old helped launder $263 MILLION in stolen crypto to fund half million dollar nightclub tabs.
> Evan Tangeman went by E, Tate and Evan|Exchanger online.
> His job was converting stolen crypto into clean cash for the rest of his group.
> The crew stole over $263 MILLION using social engineering.
> Hacked databases, fake tech support calls and physical break-ins to seize hardware wallets.
> Most of the members were teenagers. None had real jobs.
> The ringleader was a 20 year old named Malone Lam who became “TikTok famous” while in jail awaiting trial.
> They burned $500,000 in a single night at clubs.
> Private jets. Private security teams.
> Rented mansions for $40,000 to $80,000 a month across LA, the Hamptons and Miami. Some valued at $9 MILLION.
> Bought supercars ranging from $100,000 up to $3.8 MILLION.
> A 2022 Rolls Royce Ghost and a Porsche GT3 RS were seized from his home.
> When the first arrests came down, he directed another co-defendant to destroy the group’s digital devices.
> Lam was tipped off by an off-duty officer that police were on their way.
> He threw his phone into Biscayne Bay before the FBI raided his Miami home.
> Tangeman watched the raid play out in real-time through Lam’s home security cameras and shared the footage with the rest of the group.
> He pleaded guilty to RICO conspiracy.
> Ninth plea in an investigation still ongoing.
> 70 months in prison. Three years supervised release.
They lived like BILLIONAIRES for 18 months. Now they’re going to prison one by one.