Crypto Launderer Sentenced to 70 Months for $230M Heist Role

Meet Evan Tangeman, a 22-year-old crypto launderer who lived large on stolen millions, racking up half-million-dollar nightclub tabs and luxury cars, before getting sentenced to 70 months in prison for his role in a $230M heist. His lavish lifestyle, fueled by greed, came crashing down with a guilty plea and a lengthy prison…

https://osintsights.com/crypto-launderer-sentenced-to-70-months-for-230m-heist-role?utm_source=mastodon&utm_medium=social

#Cryptocurrency #CryptoLaundering #FinancialCrime #MoneyLaundering #EmergingThreats

Crypto Hacking = BIG Business!

Chainalysis reports that more than $3.4B in cryptocurrency has been stolen in 2025 (flat overall with 2024).

North Korea remains dominant crypto threat actor with North Korean hackers having a banner year pilfering ~ $2.02B, a 51% increase over last year.

While the total # of hacks is down, there has been a shift toward dramatically larger attacks, with the top three hacks accounting for 69% of losses. Individual wallet compromises jumped up to 158,000 incidents affecting 80,000 unique victims in 2025.

https://www.chainalysis.com/blog/crypto-hacking-stolen-funds-2026/ #Chainalysis #Crypto #CryptoCurrencies #CryptoHack #DPRK #NorthKorea #CryptoLaundering #Hackers #CryptoWallet

Europol + Eurojust have dismantled Cryptomixer, a longstanding crypto-laundering service used by ransomware operators and dark-web markets.
• €25M BTC seized
• 12 TB of data collected
• 3 Swiss servers & domain seized
• Service laundered an estimated €1.3B+ since 2016
Full breakdown:
https://www.technadu.com/cryptomixer-laundering-service-dismantled-in-europol-operation-seizing-e25-million-in-bitcoin/614882/

💬 How significant is this for disrupting digital money-laundering pipelines? Follow for more cybersecurity updates

#Cryptomixer #Europol #Cybercrime #Bitcoin #CryptoLaundering #DarkWeb #CyberSecurity #BlockchainCrime #Ransomware

A crypto heist worth $230M shows how even trusted names can be weaponized by cyber tricksters. How did a clever mix of scam calls and remote tools nearly let them steal millions?

https://thedefendopsdiaries.com/the-230-million-cryptocurrency-heist-a-case-study-in-digital-deception/

#cryptocurrencyheist
#cybersecurity
#socialengineering
#remotetools
#cryptolaundering

ChainAlysis reports that crypto crimes are becoming broader and more complex. Noteworthy, is the emergence of large-scale on-chain services providing infrastructure supporting illicit actors with crypto-laundering.

The estimate for total crypto crime in 2024 is approx. $51B which represents 0.14% of total on-chain transaction volume. This is a slight decrease from 2023, and likely underestimates the true total. On average, crypto crime is increasing approx. 25% per year. 63% of all illicit transactions involve stablecoins. Scams involving Bitcoin (BTC) have deceased since 2021.

https://www.chainalysis.com/blog/2025-crypto-crime-report-introduction/
#crypto #cryptocrime #chainalysis #cryptolaundering #crime #bitcoin #ethereum #BTC #ETH #ransomware #Huione