Crypto Figure Sentenced for Fraud and Misuse of Law Enforcement

2026-10-06

Adam Iza, a figure in the cryptocurrency space, has been sentenced to six years in prison for orchestrating a scheme involving the misuse of off-duty sheriff's deputies. The operation facilitated a $37 million fraud against Meta.

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Adam Iza was sentenced to six years in prison for a scheme that misused off-duty sheriff's deputies to access personal data. This operation was part of a $37 million fraud targeting Meta, with proceeds moved through cryptocurrency.

Key facts

  • Adam Iza received a six-year prison sentence.
  • The scheme involved the misuse of off-duty Los Angeles County sheriff's deputies.
  • Deputies were used to execute warrants and access personal data of perceived rivals.
  • A $37 million fraud targeting Meta was facilitated by this operation.
  • Proceeds from the fraud were reportedly moved through cryptocurrency custodians.

Source: Decrypt

Reported by VERA Newswire.

More from October 2026 in The Record.