• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Seven Criminals Receive 76 Years for Cryptocurrency Theft in Manchester

user avatar

by Giorgi Kostiuk

10 months ago


A court in Manchester has sentenced seven individuals for a series of violent crimes involving kidnapping and stealing cryptocurrency from a city resident.

Beginning of Criminal Activities

According to the Warrington Guardian, the criminal group began their actions against the victim in January 2023. One of the initial incidents involved Scott Armstrong threatening the victim at his home and extorting an undisclosed amount of cryptocurrency.

Escalation of Violence

A month later, another member, David Povey, arrived with a weapon and demanded more digital assets, but the attacks continued. Over time, the crimes escalated from threats to kidnappings and torture. In one incident, Gary Edwards and Kane Godiff abducted the victim, transported him to another location, tied him up, and threatened to kill him unless more cryptocurrency was surrendered.

Arrest and Consequences

The situation peaked on November 30, 2023, when Edwards kidnapped the victim again and threatened his life. An anonymous caller on December 2 alerted police, leading to their intervention. At the scene, police apprehended Karl Johnson trying to flee. The victim was found restrained with burn marks and other injuries inflicted by various weapons. The criminals stole a total of £100,000 in cryptocurrency, but it remains unclear which specific digital assets were taken or whether the criminals attempted to launder the funds.

The seven members of the criminal group received a combined sentence of 76 years in prison, underscoring the severity of their crimes and serving as a lesson to other potential offenders.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Labor Department Postpones October PPI Data Release

chest

The US Labor Department has announced a delay in the release of October's Producer Price Index (PPI) data, merging it with the upcoming November report, raising concerns about data transparency and market volatility.

user avatarJesper Sørensen

BullZilla Emerges as a Leading Contender for 1000x Crypto

chest

BullZilla is advancing through Stage 13, attracting significant investor interest due to its structured pricing engine and strong community support.

user avatarRajesh Kumar

Navigating the VARA License Acquisition Process in Dubai

chest

The process of acquiring a VARA license in Dubai involves a two-phase procedure lasting 18 to 24 months, requiring entrepreneurs to register their entity and submit an Initial Disclosure Questionnaire to ensure compliance in the virtual asset market.

user avatarKaterina Papadopoulou

Maintaining Compliance: Key Requirements for VARA License Holders

chest

To maintain a VARA license in Dubai, businesses must comply with strict standards, including minimum capital, qualified personnel, and cybersecurity measures.

user avatarMaya Lundqvist

The Importance of VARA License for Crypto Businesses in Dubai

chest

The VARA license is essential for crypto businesses looking to operate in Dubai's growing market.

user avatarLeo van der Veen

Market Conditions Favor BullZilla Over Polkadot and Tron

chest

BullZilla is outperforming Polkadot and Tron in the current market due to its presale mechanics.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.