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Ex-LAPD Officer Sentenced to Life Plus 15 Years for Bitcoin Heist

Former LAPD officer Eric Halem has been sentenced to life plus 15 years for kidnapping and robbing a teenager of $350,000 in Bitcoin.

Mercation Admin
August 5, 2026 2 min read
Ex-LAPD Officer Sentenced to Life Plus 15 Years for Bitcoin Heist

Summary

  • Eric Halem, a former LAPD officer, has been sentenced to life in prison plus 15 years for his role in a violent robbery.
  • Halem and his accomplices stole $350,000 worth of Bitcoin from a teenager during a home invasion.
  • He faces additional charges related to insurance fraud and another cryptocurrency-related crime.

Eric Halem, a former Los Angeles police officer, was sentenced to life imprisonment plus an additional 15 years for his involvement in a home invasion that led to the theft of $350,000 in Bitcoin from a 17-year-old victim. The sentence was handed down by Superior Court Judge Mildred Escobedo, who also denied Halem's request for a retrial, stating that his actions were driven by "sheer and utter greed." Halem, 38, will be eligible for parole in seven years, according to the district attorney's office.

Halem was convicted of kidnapping and robbery in March after a swift trial. Prosecutors detailed how Halem and three accomplices broke into a Koreatown apartment in the early hours of December 28, 2024, using a code from an accomplice who had previously rented the apartment. They restrained two victims, took control of their cryptocurrency account, and made off with cash and jewelry, all while posing as police officers.

The judge condemned Halem's impersonation of law enforcement as "heinous and egregious," emphasizing that the victim's prior involvement in scams did not excuse the crime. Halem had resigned from the LAPD nearly two years before the incident but was still a reserve officer at the time.

Halem's family disputes the verdict, with his mother claiming the trial did not reveal the entire truth and calling the outcome a "miscarriage of the law." Meanwhile, three of his accomplices, charged with similar crimes, have pleaded not guilty and await trial.

In addition to his current convictions, Halem is facing further allegations of insurance fraud and involvement in another cryptocurrency robbery that occurred shortly before the Koreatown incident.

Increasing Incidents of Violence in Cryptocurrency Crimes

Violent robberies targeting cryptocurrency holders, referred to as "wrench attacks," have surged globally. A report from CertiK noted 52 such attacks in the first half of 2026, leading to losses totaling $124.1 million. The trend of impersonating police officers is becoming common among crypto criminals, as evidenced by several recent incidents where victims were threatened and coerced into transferring their assets.

Ex-LAPD Officer Sentenced for $350K Bitcoin Robbery — Mercation