• 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 Hyper Remains Silent as Pepeto Advances with Exchange Infrastructure

chest

Bitcoin Hyper has not provided updates, while Pepeto is advancing its exchange infrastructure and raised $86 million.

user avatarLeo van der Veen

BRICS New Development Bank Advocates for Chinese Yuan in Global South Financing

chest

The BRICS New Development Bank is advocating for the use of the Chinese yuan in funding projects across the Global South, highlighting its stability and low borrowing costs.

user avatarLi Weicheng

Intense Debate on the Future of Stablecoins and Freezing Powers

chest

A recent discussion initiated by Columbia Business School professor Omid Malekan on X has sparked a significant debate regarding the operational capabilities of stablecoins, particularly their ability to refuse freezing funds.

user avatarAisha Farooq

Key Level for Bitcoin at 58,900

chest

The level of 58,900 is crucial for Bitcoin's price movement, with potential implications for bulls and bears.

user avatarTenzin Dorje

Brazil's Gold Reserves Surge Amid Global Currency Shift

chest

In late 2025, Brazil's Central Bank purchased 428 tons of gold, raising its reserves to 1724 tons, reflecting a strategic shift to diversify international reserves amid economic uncertainties.

user avatarBayarjavkhlan Ganbaatar

Market Stabilization Observed as Long Positions Absorb Volatility

chest

Recent liquidation data indicates that long positions have absorbed the latest market volatility, leading to a more stable TRX structure.

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.