S&P 5007,773.95▲0.7% Nasdaq27,477.31▲1.1% Dow51,267.90▲0.2% Russell 2K2,847.14▲0.5% 10-Yr5.31%+3bp VIX15.52+0.21 WTI$89.70▼1.6% Gold$4,150.40▼0.3% EUR/USD1.122▼0.3% BTC$86,248▲0.5% Nikkei70,082▲0.2%
At close · Tue, Oct 6, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›Adam Iza sentenced to 6 years for $37 million Meta fra…

Adam Iza sentenced to 6 years for $37 million Meta fraud scheme

Reported · Written up by our desk · Regulation

CoinDesk reports that Adam Iza was sentenced to six years in prison for his role in a $37 million Meta fraud scheme.

CoinDesk also reports that the six-year sentence will run concurrently with a 15-year term he received last month for his role in an attempted bitcoin robbery.

Latest closeBitcoin $86,247.76 ▲0.5%

← Newer storyUS Dollar Index slips below 102 after ADP NER Pulse data

More like this

CryptoCuomo urges bipartisan digital asset legislation to make US crypto rules durable
CryptoCFTC publishes plan to regulate crypto exchanges
CryptoBill would fine candidates $10,000 for trading on their own elections
CryptoBill would bar federal candidates from trading prediction markets tied to elections
CryptoCrypto “Godfather” sentenced again for using off-duty deputies to harass rivals

Sources

CoinDeskSelf-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.