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Ex-LA cop gets 5 years in prison for helping crypto ‘Godfather’ extort victims

Michael Coberg was sentenced to 63 months in prison for helping the so-called crypto “Godfather” stage a sham drug bust and extort a victim for $127,000.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ex-LA cop gets 5 years in prison for helping crypto ‘Godfather’ extort victims

Michael Coberg was sentenced to 63 months in prison for helping the so-called crypto “Godfather” stage a sham drug bust and extort a victim for $127,000.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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