Federal Prosecutors Detail Plea in Violent Bitcoin Kidnapping Plot

The U.S. Attorney’s Office for the District of Connecticut announced June 8 that Saif Faiq, 22, of St. Louis, pleaded guilty in Hartford federal court. Prosecutors linked the plea to an attempted bitcoin robbery and the August 2024 kidnapping of two people in Danbury, Connecticut.

Court documents described a plot tied to hundreds of millions of dollars in bitcoin. Danbury police arrested six Florida men on Aug. 25, 2024, after a violent Lamborghini Urus carjacking and the kidnapping of two occupants inside the vehicle.

According to the U.S. Attorney’s Office:

“The investigation revealed that the kidnapping victims are the parents of an individual who participated in the theft of hundreds of millions of dollars in bitcoin.”

Prosecutors reported that Faiq helped organize the attempted robbery and traveled to Connecticut for the planned home invasion and kidnapping. Authorities also said that he recruited participants, coordinated with Adam Iza, and helped conduct surveillance on the victims before the crime.

Investigators alleged that another co-conspirator had an altercation with the victims’ son at a Miami nightclub in July 2024. That person later communicated with certain kidnappers, provided funding, and helped arrange transportation and lodging before the Danbury incident.

Guilty Pleas Mount in Case Tied to Lamborghini Carjacking

Faiq pleaded guilty to conspiracy to interfere with commerce by robbery, known as Hobbs Act robbery. The charge carries a maximum prison term of 20 years. His sentencing is scheduled for Aug. 28, according to federal prosecutors.

Authorities have detained Faiq since his arrest on Nov. 12, 2025. Iza, identified by prosecutors as Faiq’s brother, pleaded guilty to the same offense on June 1, 2026, and remains detained while awaiting sentencing.

U.S. Attorney’s Office stated:

“In an attempt to steal some of that Bitcoin, Faiq and others planned and coordinated the attempted robbery and ultimately the kidnapping.”

Six other people were charged in connection with the carjacking and kidnapping, and prosecutors reported that all six have pleaded guilty. Together with the guilty pleas entered by Faiq and Iza, eight defendants have now admitted their roles in the case.

NEW YORK, June 14, 2026 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of investors in FLOW (FLOW-USD) cryptocurrency, resulting from allegations that Flow Foundation may have issued materially misleading business information to the investing public.

So What: If you purchased FLOW cryptocurrency you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=56767 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: If you purchased FLOW cryptocurrency on or before December 27, 2025 and held your Flow cryptocurrency through December 29, 2025, please reach out to the firm. There are no out of pocket fees or costs through a contingency fee arrangement.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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Meet Helios, a four-armed humanoid from Swiss startup Orbit Robotics built for the hand-over-hand realities of microgravity. With no legs and 28 degrees of freedom, it clings, steadies, and still keeps spare limbs for wrench work and cargo unloading on space stations. The goal is pragmatic: handle maintenance and transport tasks autonomously or by remote control, so astronauts can focus on science. If it delivers, every hour it works could offset the roughly $140,000 price tag of astronaut labor.

A robot built for space-first functionality

Every so often, a design choice feels obvious once you see it. Orbit Robotics, a Swiss startup, has introduced Helios, a humanoid robot tailored for microgravity. No legs, four arms, station-ready. It is built for life inside orbital habitats, the kind NASA and its partners keep supplied and running. Think maintenance checklists, cargo transfers, and the routine work that keeps science humming.

Helios stands apart by treating zero gravity as the default, not an afterthought. In place of walking, it moves hand over hand, anchoring to rails and bulkheads while freeing two arms for the task at hand. The company positions it as an assistant for repetitive jobs that consume astronauts’ hours yet rarely require a human’s judgment.

How Helios was brought to life

Founded in late 2025 out of a Swiss research ecosystem, Orbit Robotics spent its first months building for one environment: space stations. The team publicly introduced Helios in a video released on May 20, 2026, spotlighting a machine that trades terrestrial symmetry for orbital pragmatism. The message was clear: optimize for the station, not for sidewalks.

The startup says it is prioritizing tasks space crews actually face, from routine inspections to cargo stowage. That focus aligns with a broader industry shift as commercial stations and servicing missions move from concept to schedules, including efforts tied to post-ISS planning in the US.

Design tailored to zero-gravity operations

Legs are inefficient in microgravity. Helios uses four coordinated arms to move, stabilize, and work. Two arms can clamp to structure, two can manipulate tools or payloads. The robot can operate autonomously for set routines or accept remote control for complex procedures (teleoperation latency is manageable in low Earth orbit).

This approach reduces the jostling that can complicate fine tasks in a cramped module. It also mirrors how astronauts already move inside the International Space Station, only with a machine that does not tire during long, repetitive shifts.

Inside the specs: what makes Helios work

Helios is compact at 5.2 feet tall (160 cm) and 70 pounds (32 kg), using aluminum alloy and carbon fiber. It offers 28 degrees of freedom, including 14 in dexterous hands, for precise handling. Power comes from electric actuators with tendon-based transmissions, concentrating motors near the shoulders to keep moving limbs light.

Runtime is 3 hours per charge. Transit speed tops 1.2 miles per hour (2 km/h), plenty for station interiors. The package targets the balance between endurance, agility, and safe interaction with delicate hardware.

The economic case for space robotics

Astronaut time is scarce and expensive. By some estimates, it runs about $140,000 per hour, a figure that balloons when hours stretch into cargo unloading or filter swaps. Helios is built to shoulder those chores so crews can focus on research and mission-critical work.

As commercial stations and lunar infrastructure plans advance, tools that turn checklists into background tasks could shape costs and schedules. This is the case for Helios: not a sci-fi helper, but a practical co-worker tuned for orbit’s everyday jobs.