This news serves as a reminder to the industry: security, compliance, and risk control are not just slogans; when problems occur, those who get involved first are often money launderers and troublemakers.

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CryptoFrontier
22-Year-Old Sentenced to 70 Months for $263M Crypto Theft Laundering
## Sentencing and Charges

California resident Evan Tangeman, 22, was sentenced on Friday to 70 months in federal prison for his role laundering proceeds from a multi-state cryptocurrency theft ring that stole around $263 million in digital assets from victims, according to the U.S. Department of Ju
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