Lookonchain APP

App Store
Feeds Articles

A California Man Admits to Laundering Funds for $2.63 Billion Cryptocurrency Scam Ring

2025.12.09 10:04:42

Per The Block, the U.S. Department of Justice (DOJ) announced on December 9 that 22-year-old California resident Evan Tangeman has pleaded guilty to laundering money for a $263 million cryptocurrency fraud scheme—specifically, over $3.5 million for the fraud ring. Tangeman is the ninth defendant to plead guilty in the ongoing investigation, the DOJ noted. The group ran the fraud scheme between October 2023 and May 2025, stealing roughly 4,100 bitcoins. At the time of the theft, those coins were worth $263 million; today, they’re valued at about $371 million. The fraud ring included hackers, organizers, target identifiers, phone scammers, and burglars who specialized in stealing hardware wallets. They used stolen databases to target victims: hackers breached websites and servers to access crypto-related databases, and target identifiers filtered that data to find the most valuable victims.
Add to Favorites Download image Share x Copy link
Relevant content

If Bitcoin falls below $66,000, the mainstream CEX cumulative long liquidation intensity will reach $538 million

Per Coinglass data dated February 10: If Bitcoin dips below $66,000, total long liquidation intensity across major centralized exchanges (CEXs) will hit $538 million. By contrast, should Bitcoin break above $70,000, total short liquidation intensity on the same platforms will reach $449 million. **BlockBeats Note**: Liquidation charts do not display the exact number of contracts at risk of liquidation or the precise value of those contracts. Instead, the bars on these charts represent the relative significance of each liquidation cluster compared to adjacent clusters — in other words, "intensity." As such, the charts illustrate how impactful hitting a specific price level will be: A taller liquidation bar signals a more intense market reaction once the price reaches that level, driven by a liquidity cascade.

1 seconds ago

Bitcoin Dips Below $68,000 Temporarily

On February 10, Bitcoin briefly dropped below $68k per HTX market data, currently trading at $68,203—down 1.73% over the past 24 hours.

1 seconds ago

Entity: US Treasury Yield Decline, Market Focus on Upcoming US Non-Farm Payrolls Report

U.S. Treasury yields declined during European trading on February 10, as markets turn their focus to U.S. January labor market data due Wednesday—with the weekly ADP private payrolls report set to release imminently ahead of it. DHF Capital S.A. analyst Bas Kuipers noted in a report that the ADP data could further reinforce markets’ expectations for a U.S. interest rate cut. The asset manager added: “With the labor market’s resilience increasingly in question, any below-forecast reading could heighten market caution ahead of Wednesday’s nonfarm payrolls report and pressure the U.S. dollar and Treasury yields.”

1 seconds ago

U.S. Stock Market Open, Dow Up 0.11%

U.S. stocks opened higher on February 10, with the Dow Jones Industrial Average up 0.11%, the S&P 500 up 0.13% and the Nasdaq Composite up 0.1%, according to market data from Bitget.

1 seconds ago

Kaiko Research: Bitcoin Drops to $60,000, Signaling Bear Market Halftime

On February 10, Cointelegraph reported that Kaiko Research noted Bitcoin’s sharp pullback earlier this month could mark a key “mid-cycle dip” in the current bear market. Kaiko emphasized the decline signals the market has transitioned from post-halving euphoria into a historically typical bear market phase—one that typically lasts around 12 months before entering a new accumulation phase.

1 seconds ago

WLFI Advisor Caught Ogl**ing, Long on ZRO, Facing Over $330k Unrealized Loss

On February 10, per monitoring data from HyperInsight, WLFI advisor Ogle holds a 5x leveraged long position on 775,000 ZRO tokens—with an average entry price of $2.15 and an unrealized loss of $337,000 to date. A month earlier, Ogle also purchased 33,411 ZRO spot tokens.

1 seconds ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join