A $245 million Bitcoin heist led police to a ‘Godfather’ who hired Sheriff’s deputies as enforcers
A violent kidnapping attempt in Connecticut was linked to a $245 million Bitcoin heist. The alleged mastermind, Adam Iza, known as 'The Godfather,' pleaded guilty to conspiracy charges related to the incident. The case highlights a troubling trend of cryptocurrency-related violence and theft.
- ▪The kidnapping involved the parents of a man linked to a Bitcoin heist.
- ▪Adam Iza admitted to orchestrating the abduction to recover stolen funds.
- ▪Iza previously hired off-duty sheriff's deputies to intimidate rivals.
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On a leafy Connecticut road in the summer of 2024, would-be kidnappers pulled a couple from their Lamborghini SUV, beat them in broad daylight and threw them into a van, only to be arrested shortly thereafter as multiple witnesses, including a passing off-duty FBI agent, called police.Recommended Video The investigation would lead police to some sensational findings. The attack turned out to be linked to a $245 million Bitcoin heist the month before involving the couple’s son. And this week, a California cryptocurrency mogul who authorities say called himself “The Godfather” and had previously hired off-duty sheriff’s deputies to strongarm his enemies admitted to orchestrating the attempted abduction to get a piece of the son’s stolen loot.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
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