"Crypto Godfather" Adam Iza was sentenced to six and a half years in prison for Meta fraud and hiring police officers for harassment, but the sentence runs concurrently with a previous judgment.
U.S. District Judge Percy Anderson sentenced 26-year-old Adam Iza, who called himself "the Crypto Godfather," to 78 months in prison for crimes including hiring Los Angeles County Sheriff's deputies to harass people with whom he had disputes, stealing over $37 million from Meta, and using a crypto custodian to evade taxes. Iza was also ordered to pay $23,402,766 in restitution. However, this new sentence will run concurrently with the 15-year sentence he received last month for attempted Bitcoin robbery, meaning it will not add to his actual time served. Iza pleaded guilty in January 2025 to conspiracy to violate rights, wire fraud, and tax evasion, and has been detained since September 2024. He concealed his criminal proceeds by hiding his ownership of the crypto trading platform Zort and transferring company revenue to a crypto custodian.
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