Crypto Godfather Adam Iza gets six years for Meta fraud and tax evasion
Image: DecryptAdam Iza, who styled himself the Crypto Godfather, was sentenced to 78 months in federal prison on October 5, 2026. The sentence runs concurrently with a 15-year term he already received for a separate attempted Bitcoin robbery case. He pleaded guilty in January 2025 to wire fraud tied to roughly $37 million siphoned from Meta's advertising systems, tax evasion, and conspiracy against rights. He also hired former Los Angeles sheriff's deputies to intimidate people he was in dispute with.
Key points
- Adam Iza received a 78-month federal prison sentence on October 5, 2026.
- The sentence runs concurrently with a 15-year term for a separate attempted Bitcoin robbery case.
- Iza pleaded guilty in January 2025 to wire fraud, tax evasion, and conspiracy against rights.
- Five former Los Angeles sheriff's deputies he hired to intimidate adversaries have been convicted.
Why it matters
The case highlights how bad actors use cryptocurrency custodians to launder proceeds from fraud schemes. It also shows that using off-duty law enforcement for illegal intimidation leads to additional criminal charges.
Price context · BTC
At publication
$86,149.00
Now
$86,267.00
Change since
+0.14%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Briefing
Tier 2
Adam Iza sentenced to 78 months for Meta fraud and hiring ex-deputies
Coverage timeline
- First reported by Decrypt
- Confirmed by Crypto Briefing
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
