Ex-LA County deputy sentenced to 21 months for aiding crypto extortion scheme
- —Saavedra sentenced to 21 months in prison
- —Used police databases to aid a crypto businessman's extortion scheme
- —Concealed $373,146 in income from the IRS
- —Ordered to pay $90,984 in restitution
Why it matters: The case highlights growing law-enforcement involvement in crypto crime, adding reputational and legal risks for the industry.
Source: PANews