<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">In 2024, Faiq and his brother, Adam Iza, organized a plan to kidnap the parents of a crypto millionaire in an extortion scheme.
Faiq, according to the DOJ, recruited six men from Florida, organized their travel to Connecticut, and helped plan a home invasion after surveilling his victims. </span></p>
