Overview
- Tangeman received 70 months in federal prison and three years of supervised release, with agents seizing a Rolls-Royce Ghost and a Porsche GT3 RS from his home.
- Prosecutors said he laundered at least $3.5 million between October 2023 and May 2025 using crypto exchanges and mixing services that blend funds to hide their source.
- Investigators link the ring to a 4,100 Bitcoin theft from a Washington, D.C. victim in August 2024 after impostors posing as Google and Gemini support used spoofed calls and the AnyDesk app to capture private keys.
- Court filings describe spending that included rented mansions, private jets, and a fleet of luxury cars, including a Lamborghini Urus obtained for Tangeman.
- Tangeman’s December 2025 guilty plea marked the ninth in the case, and prosecutors say other defendants face racketeering and money laundering charges as the investigation continues.