U.S. Attorney's Office for the Central District of California

Company

Last mentioned: Mar 17, 2026

Timeline

Mar 16, 2026
Sentencing Hearing

A federal judge sentences the former deputy to prison for his role in the scheme.
May 12, 2025
Federal Indictment

Michael David Coberg and others are charged with extortion and conspiracy.
Sep 23, 2024
Initial Allegations

Reports surface of LASD deputies involved in a crypto-protection racket for Adam Iza.

Stories mentioning U.S. Attorney's Office for the Central District of California 1

Former LASD Deputy Sentenced in High-Profile Cryptocurrency Extortion Scheme

A former Los Angeles County Sheriff’s Department deputy has been sentenced to prison for his role in a sophisticated extortion racket involving cryptocurrency and physical threats. The case, involving the 'crypto king' Adam Iza, underscores the growing intersection of law enforcement corruption and digital asset theft.

Mar 17, 2026 3 sources