U.S. Department of Justice: A crypto “godfather” colluded with police officers to try to steal $100 million in cryptocurrency
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2025-01-18 07:02 5,932
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Golden Finance reported that according to an official announcement from the U.S. Department of Justice, the Los Angeles police recently uncovered a major cryptocurrency theft case. Adam Iza, a man who calls himself the "Crypto Godfather", conspired with Eric Chase Saavedra, a Los Angeles County Sheriff's deputy. The two used intimidation, blackmail, and illegally obtained search warrants to commit crimes against multiple victims.
At present, both men have pleaded guilty. Adam Iza faces up to 35 years in federal prison for conspiracy to violate civil rights, wire fraud and tax evasion, and Eric Chase Saavedra faces up to 13 years for conspiracy to violate civil rights and file false tax returns. of sentence.