• 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

a year 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

Morgan Stanley Set to Launch First Major US Spot Bitcoin ETF

chest

Morgan Stanley is set to become the first major US bank to launch a spot Bitcoin ETF on April 8, 2024.

user avatarElias Mukuru

Solana Foundation Introduces STRIDE and SIRN to Enhance Ecosystem Security

chest

The Solana Foundation has launched new security initiatives, STRIDE and SIRN, to enhance ecosystem safety and rebuild trust following a significant attack.

user avatarDiego Alvarez

SEC Chair Urges Crypto Community to Participate in Elections

chest

SEC Chair Paul Atkins emphasized the importance of voter turnout for the future of crypto regulation and urged the crypto community to participate in upcoming elections.

user avatarKenji Takahashi

XRP Trading Volume Reaches $386 Billion Amid Market Fluctuations

chest

XRP's trading volume has surged to $386 billion in a 24-hour period, indicating active market participation and potential buy pressure.

user avatarGustavo Mendoza

XRP Wallets Surpass 8 Million Despite Price Decline

chest

The number of wallets holding XRP has exceeded 8 million, indicating strong retail participation despite a significant drop in the token's price.

user avatarMaria Fernandez

Solana Price May Rally in April After Prolonged Decline

chest

Solana price is expected to rally in April after a prolonged decline, potentially reaching above 100 again.

user avatarRajesh Kumar

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.