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LA Police Conspiracy Exposed by Crypto Case—Shocking Revelations Inside

LA Police Conspiracy Exposed by Crypto Case—Shocking Revelations Inside

Author:
Bitcoinist
Published:
2025-07-16 05:00:27
8
3

Blockchain doesn't lie—and neither do the receipts. A high-profile cryptocurrency investigation just ripped open a sprawling police corruption scandal in Los Angeles, proving once again that decentralized ledgers are better auditors than the SEC on a coffee break.


Badges, Bitcoin, and Backroom Deals

When a routine crypto fraud probe traced transactions to shielded wallets, detectives hit a wall—until the blockchain pointed straight to department insiders. Turns out, the 'thin blue line' included a few thick stacks of laundered stablecoins.


The Irony Writes Itself

Law enforcement's own surveillance tools became their undoing. KYC protocols meant to track criminals snagged crooked cops instead—poetic justice for the 'trust us, we're the good guys' crowd. Meanwhile, Wall Street bankers still pocketing bailout money are taking notes on how to hide money properly.

This isn't just a takedown. It's a flashing neon sign that in 2025, your best alibi is an immutable transaction history—and your worst enemy is a 16-year-old chainalysis whiz working from their parents' basement.

Rodriguez Ran A Warrant Scheme: Court Documents

Rodriguez, 43, admitted that he teamed up with 24‑year‑old Adam Iza to push illegal business. He used his badge to secure a court‑authorized search warrant in July 2022 by telling a judge it was needed for a robbery probe.

That turn of events let him act outside the law. Based on reports, Rodriguez also helped another private security client—unrelated to Iza—with shady favors.

Deputy Rodriguez faces up to 10 years behind bars. He said he took cash and crypto payments. The US Attorney’s Office noted he used his office to carry out work that had no place in law enforcement.

One Los Angeles County sheriff’s deputy charged, another deputy pleads guilty to conspiring to violate civil rights while providing off-duty security for clients https://t.co/qIK0bzZOm6

— US Attorney L.A. (@USAO_LosAngeles) July 14, 2025

Saavedra’s Tracking And Harassment

The same filings show Rodriguez worked alongside Deputy Eric Chase Saavedra. Saavedra used GPS data obtained by Rodriguez to follow a victim. He then threatened and intimidated that person.

Saavedra is free on a $50,000 bond and is set to face a hearing on November 10. He remains under active investigation by the DOJ.

Armed Intimidation At Bel Air Mansion

A second deputy, Christopher Michael Cadman, 33, also pleaded guilty. He pulled over a car in Paramount, staged a fake traffic stop, and held a victim at gunpoint outside Iza’s Bel Air home.

The pair forced him to send $25,000 to Iza. Cadman then filed false tax returns in 2022 claiming only $40,500 in income. In fact, he owed $11,000 for the 2021 tax year.

Those moves carried large risks. Cadman faces years in prison for armed robbery and tax fraud. His plea deal requires him to cooperate with prosecutors on related cases.

Crypto Payments And Tax Evasion

Prosecutors say Iza’s firm sent roughly $154,900 in payments to at least one officer. Court filings accuse Iza of posing as an FBI agent to seize digital assets by force. Victims include an unnamed man and his girlfriend.

Investigators also allege Iza used shell companies to hide about $1.7 million from the IRS between 2020 and 2022. Iza agreed to a deal with the DOJ in January. He faces charges for tax evasion, conspiracy against rights, and wire fraud.

A hearing is set for December 15. His ex‑girlfriend, Iris Ramaya Au, was charged in March with hiding his income. She could go to prison for three years over her part in what prosecutors call a $2.6 million criminal operation that funded more than $10 million in luxury trips.

Featured image from Getty Images, chart from TradingView

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