Adam Iza2026-06-03 15:54:12California Crypto ‘Godfather’ Pleads Guilty to Kidnap Plot in $245M Bitcoin Heist, Admits $37M Meta FraudAdam Iza, a California crypto executive who called himself the ‘Godfather,’ pleaded guilty to plotting the kidnapping of the parents of Veer Chetal, the mastermind behind a $245 million Bitcoin theft. Iza also admitted to stealing over $37 million from Meta through fraudulent access to business manager accounts. Federal prosecutors are seeking at least 14 years in prison.600
Adam Iza2026-06-03 18:00:50California Crypto Executive Adam Iza Pleads Guilty to Kidnapping Conspiracy Tied to $245M Bitcoin HeistCalifornia crypto executive Adam Iza has pleaded guilty to orchestrating a kidnapping conspiracy targeting the parents of Veer Chetal, linked to a $245 million Bitcoin theft. Iza also admitted to defrauding Meta of over $37 million, with federal prosecutors seeking at least 14 years in prison.620
Bitcoin theft2026-06-03 15:54:12Crypto Executive Pleads Guilty to Plotting Kidnapping Over $245 Million Bitcoin HeistCalifornia crypto executive Adam Iza pleaded guilty to orchestrating an attempted kidnapping linked to a $245 million Bitcoin theft. He also admitted to defrauding Meta of over $37 million, with prosecutors seeking a minimum 14-year prison term.630
Adam Iza2026-06-03 17:00:50California Crypto Executive Adam Iza Admits Kidnap Plot Tied to $245M Bitcoin HeistCalifornia crypto executive Adam Iza pleaded guilty to orchestrating a kidnapping attempt against the parents of Veer Chetal, who was involved in a $245 million bitcoin theft. Iza also admitted to stealing over $37 million from Meta, with prosecutors seeking at least 14 years in prison.520
Bitcoin theft2026-06-03 15:54:12Mastermind in $245 Million Bitcoin Theft Case Pleads Guilty to Kidnapping PlotCalifornia crypto figure Adam Iza pleaded guilty Monday to plotting the kidnapping of Veer Chetal's parents, a crime linked to a $245 million Bitcoin theft. Iza also admitted to defrauding Meta of over $37 million; prosecutors seek at least 14 years in prison.590
Bitcoin theft2026-06-03 10:00:50Qingdao Bitcoin Theft Verdict: Acquaintance Stole 107 BTC, Sentenced to 10 Years 9 MonthsA man in Qingdao, Shandong, was sentenced to 10 years and 9 months in prison plus a fine for stealing 107 Bitcoins (worth over RMB 22 million) from an acquaintance using stolen mnemonic words. The court rejected his “protective custody” defense and clearly ruled that Bitcoin qualifies as property under Chinese criminal law, signaling strict punishment for virtual currency crimes.660
Bitcoin theft2026-06-03 09:00:51Qingdao Bitcoin Theft Case Verdict: Acquaintance Steals 107 BTC, Sentenced to 10 Years and 9 MonthsA Bitcoin theft case in Qingdao, Shandong, has concluded with the defendant Zhang sentenced to 10 years and 9 months for stealing 107 BTC from an acquaintance. The court affirmed that Bitcoin qualifies as 'property' under criminal law, making virtual currency theft a crime, marking a landmark ruling.780
Bitcoin theft2026-06-03 08:00:49Qingdao Bitcoin Theft Case: Defendant Sentenced to 10 Years 9 Months for Stealing 107 BTCA Qingdao court sentenced a man surnamed Zhang to 10 years and 9 months in prison for stealing 107 bitcoins worth over 22.54 million yuan. The ruling confirmed that virtual assets constitute property under criminal law, and the stolen amount was defined by the 660,000 yuan he actually cashed out.620
