A Missouri man has been sentenced to four years in federal prison for his involvement in a cryptocurrency robbery scheme and a kidnapping that occurred in Connecticut. Saif Faiq, 23, of St. Louis, received the sentence from U.S. District Judge Sarala V. Nagala after pleading guilty to conspiracy to interfere with commerce by robbery, also known as Hobbs Act robbery.
The case stems from an incident on August 25, 2024, when local police arrested several individuals involved in a violent carjacking of a Lamborghini Urus and the kidnapping of two occupants. According to the U.S. Attorney’s Office for the District of Columbia, the victims were parents of a person linked to a significant Bitcoin theft. Faiq and his accomplices orchestrated the robbery in hopes of stealing a portion of the stolen cryptocurrency.
Investigations revealed that Faiq played a crucial role in the planning and execution of the crime, including recruiting participants and conducting surveillance on the victims. His brother, Adam Iza, was also implicated, providing logistical support and funding for the operation. Iza has since pleaded guilty to the same charges and was sentenced to 15 years in prison.
Faiq has been in custody since his arrest in November 2025, and following his guilty plea on June 8, 2026, he was sentenced to serve time in federal prison, along with two years of supervised release. The case was investigated by multiple agencies, including the FBI’s New Haven Violent Crimes Task Force and local police departments.
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