[Former Los Angeles Deputy Sheriff Admits to Colluding with 'Crypto Godfather' in Extortion Scheme] Former Los Angeles County Deputy Sheriff Michael David Coberg admitted on September 26 to committing federal felonies, including conspiracy to extort and violating civil rights. He abused his authority to provide illegal protection to Adam Iza, who calls himself the 'Crypto Godfather,' receiving at least $20,000 per month in compensation. According to the plea agreement, Coberg misused his law enforcement powers in 2021, including using a firearm to coerce a businessman into transferring $127,000 to Iza and orchestrating a false drug arrest against another victim. The case highlights gaps in law enforcement oversight, with four officers already pleading guilty for their involvement. The main perpetrator, Iza, is accused of fraudulently obtaining $16 million in cryptocurrency, while his ex-girlfriend has also pleaded guilty to concealing $2.6 million in illegal proceeds. Coberg faces up to 30 years in prison, with a sentencing hearing scheduled for February 2026.