PANews reported on January 18 that according to The Block, the U.S. Department of Justice announced that two Los Angeles men attempted to steal more than $100 million in cryptocurrency through home robbery. Adam Iza, who calls himself the "crypto godfather," and Eric Chase Saavedra, deputy sheriff of the Los Angeles County Sheriff's Department, pleaded guilty to crimes including intimidation, extortion, and tax fraud. Saavedra abused his power to assist Iza in committing crimes by illegally obtaining search warrants and providing Iza with confidential information about his "enemies." The two tracked the location of a victim and tried to steal a laptop believed to contain $100 million in cryptocurrency, but the plan failed because the victim opened fire. Iza faces up to 35 years in prison, while Saavedra could be sentenced to 13 years.
Two Los Angeles men tried to steal over $100 million in cryptocurrency in a home robbery
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Author: PA一线
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