Ex-LAPD Cop Convicted of $350K Crypto Theft
Published on March 4, 2026.
Former LAPD officer Eric Halem has been convicted of kidnapping a 17-year-old boy and stealing $350,000 worth of crypto in a 2024 home invasion. Halem and three men posed as police officers and threatened to kill the teenager if he didn't hand over his hard drive containing Bitcoin. The case is part of a global trend of "wrench attacks" where perpetrators use threats or actual violence against crypto holders to steal their assets. The three alleged co-conspirators are yet to stand trial and have maintained their innocence.
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