California Woman Sentenced to 18 Months in Prison for Concealing $2.6 Million in Crypto Crime Proceeds
A 37-year-old woman from Irvine, Orange County, California, Iris Rabaya Au, was sentenced to 18 months in federal prison for failing to report over $2.6 million in illegal earnings to the IRS. She was also ordered to pay $1.484 million in restitution, with assets including several luxury cars, high-performance vehicles, designer handbags, and three "Godfather" sculptures. Au is the ex-girlfriend of crypto fraudster Adam Iza. Prosecutors stated that between 2020 and 2024, Iza fraudulently obtained Meta advertising accounts and credit lines, selling account access and generating millions in unreported income. Following Iza's instructions, Au set up shell companies and opened bank accounts, using related funds to pay approximately $1 million to Los Angeles County police officers and to purchase or lease luxury homes, cars, jewelry, and clothing, spending nearly $10 million on entertainment, and acquiring about $16 million in cryptocurrency for Iza. From 2020 to 2023, Au transferred over $2.6 million into her personal bank accounts but did not accurately report this on her federal tax returns. She pleaded guilty to one count of false tax return in March 2025. Iza had already pleaded guilty in January 2025 to charges including conspiracy to violate rights, wire fraud, and tax evasion, with a sentencing hearing scheduled for October 5.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

FinCEN Expands AI Fraud Loophole in the USA by Eliminating Controls

Russia Circumvents Sanctions with $7 Billion Through Western Banks

TraderTraitor Hackers Launch Phishing Attacks Using Malicious Terraform Projects

Goldman Sachs Warns of Diesel Fuel Shortage in Global Market

Bitcoin: Bukele's El Salvador Shifts to Stablecoins

Zumo creates a more operational UK crypto regulatory monitor than legal trackers

Unlocking and Supply Changes of Popular Tokens in Q4 2026

The Rise of Ethereum Privacy Narratives: Who Will Succeed ZEC Among AZTEC, RAIL, and ZAMA?

Joseph Lubin: "MetaMask Discussing Cooperation with Korean Financial Institutions"... Wishing Well for Competition with GIWA

Ministry of Finance Launches On-Chain Research Group for Instant Bond Settlement

Bitcoin Taxation in the Netherlands Also Includes Unrealized Gains

German Fresh Delivery Platform Flink Refuses Ransom Payment After Being Hacked, Hackers Turn to Customers for Ethereum Instead

Polymarket Valued at $20 Billion, What About Robinhood's Prediction Market?

Slow Mist Releases Interim Investigation Report on Bitget Incident, Early Malicious Activities Traceable to August 31

Bernstein Interpretation: Consumer-Level Agents Have Become a Trend, Who is Most at Risk in the Financial Industry?

UK FCA Secures Order to Seize £850,000 in Compensation for Cryptocurrency Fraud Victims

30-Year Yield Hits a High Since 2002| WEEX TradFi Daily(September 30, 2026)
Markets on September 30 are focused on long-end yields, inflation data and memory earnings. Major equity indexes closed lower on September 29. The 30-year Treasury yield topped 5.61% intraday, its highest level since June 2002, and closed near 5.59%, keeping pressure on long-duration growth valuations. OpenAI is reportedly discussing a funding round of at least $30 billion at a target valuation of about $1.4 trillion; OPENAI futures spiked and then faded pre-market, trading near $1,628 at the source snapshot. Brent fell to about $96, WTI was near $89, and Bitcoin was around $83,500. ADP data are due at 08:15 ET and August PCE at 08:30 ET; Micron’s after-hours report will test the memory cycle and AI demand.

Trump Administration's Promotion of 'SI' Terminology May Conceal Insider Trading

Robinhood Takes on Coinbase: Who Will Dominate the U.S. Crypto Exchange Market?

EU Cryptocurrency Rules: ECB Proposes Stricter Control Over Stablecoins, Staking, and Crypto Companies

Bitcoin and Asch's Experiment: The Power of Monetary Consensus

Block Festa 2026 to Open Tomorrow in Yeouido: Digital Asset Investment Institutions and Domestic and International Leaders Gather

California Governor Newsom Signs Law Banning Public Officials from Issuing Meme Coins

The Battlefield of Crypto Security Has Changed: From Vulnerability Economy to Permission Economy

How to Accurately Identify 'Smart Money' in Prediction Markets?

OpenAI Aims to Be 'WeChat' Beyond Higher Subscriptions and Halved Quotas

Hedge Funds Reach Record Share in $30 Trillion U.S. Treasury Market, Regulators Warn of Deleveraging Risks

Generation Z Starts Investing at an Average Age of 19, Favoring Cryptocurrency Investments = Grayscale

$1 Billion in Revenue! How Collector Crypt Dominates On-Chain Card Games?














