• 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

Bitcoin Risks Historic Yearly Candle Close as Market Trends Shift

chest

Bitcoin is at risk of closing the yearly candle in red for the first time in 14 years, with only days left to monitor market conditions.

user avatarTenzin Dorje

Crosschain Swaps Gain Traction Among Crypto Users

chest

Crosschain swaps are gaining popularity as users aim to transfer assets between networks like Ethereum and Fantom, seeking to exchange Wrapped Bitcoin (WBTC) for Fantom (FTM) while saving time, reducing fees, and simplifying the asset exchange process.

user avatarBayarjavkhlan Ganbaatar

Astra Nova Rallies After LBank Listing Despite Overhang Risks

chest

Astra Nova experiences a strong price surge following its listing on LBank, despite lingering concerns from a previous hack.

user avatarDiego Alvarez

Kyuzos Friends Surges on Exchange Listings and Airdrop Hype

chest

Kyuzos Friends has posted a remarkable 45% gain in just 24 hours and a staggering 175% increase over the past week, driven by recent exchange listings and airdrop campaigns.

user avatarElias Mukuru

Long-Term Valuation Levels Remain Below Current Price

chest

Despite recent weakness, Bitcoin remains well above its long-term realized valuation, with key levels below the current market price.

user avatarMaria Fernandez

PBOC's New Strategy for AI Integration in Finance

chest

The People's Bank of China (PBOC) has announced a new strategy to integrate artificial intelligence (AI) into the financial sector, aiming to enhance financial governance and cross-border capital monitoring while addressing technology gaps faced by smaller institutions.

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.