Ninth Guilty Plea in $263 Million Crypto RICO Case as New Indictment Adds Three
Evan Tangeman admitted laundering at least $3.5 million, with new arrests in Miami and Dubai signaling a widening RICO case.
Overview
- Tangeman, 22, pleaded guilty in D.C. federal court to participating in a racketeering conspiracy and will be sentenced on April 24, 2026.
- The court unsealed a second superseding indictment naming Nicholas Dellecave, Mustafa Ibrahim, and Danish Zulfiqar, with arrests in Miami on Dec. 3 and recently in Dubai.
- Prosecutors say the enterprise stole more than 4,100 BTC from a Washington, D.C. victim on Aug. 18, 2024, worth $263 million then and more than $368 million this week.
- Charging documents describe a network born from online gaming ties that assigned roles for database hacks, social‑engineering calls, money laundering, and residential burglaries targeting hardware wallets.
- Investigators detail laundering through crypto‑to‑cash brokers and other obfuscation, with proceeds spent on high‑end rentals, nightclub services, luxury watches and handbags, private jets, private security, and dozens of exotic cars.