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via The Block · By The Block Editorial

Brazen bitcoin kidnapping and carjacking co-conspirator pleads guilty, faces up to 20 years in prison: DOJ

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The Block Editorial
(09:54 PM UTC)
1 min read
SC
Approved bySarah Chen

Saif Faiq, one of the organizers of a brazen bitcoin-related kidnapping scheme in 2024, has pleaded guilty to a conspiracy charge in a Hartford, CT federal court on Monday, the U.S. Department of Justice announced. He faces up to 20 years in prison and is scheduled to be sentenced on August 28.

In 2024, Faiq and his brother, Adam Iza, organized a plan to kidnap the parents of a crypto…

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The Block Editorial · The Block

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