Security· ★★★· bearish·

Self-styled crypto 'Godfather' Adam Iza sentenced to 78 months for police corruption

  • —Iza hired LASD deputies as bodyguards from August 2021 to April 2022
  • —One deputy earned at least $20,000 a month from him
  • —Deputies obtained the home address of a man with $100 million in crypto
  • —Five former LASD officers have been convicted on federal charges
Why it matters: The case highlights how crypto wealth attracts corruption and surveillance, raising risks for large bitcoin holders.
Source: Bithub