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UK Gang Jailed for $124K Crypto Kidnapping and Extortion

February 1, 2025
in Blockchain
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A courtroom in Manchester has sentenced seven gang members for kidnapping and forcing a person handy over greater than $124,000 in cryptocurrency.

In keeping with a report from the Larger Manchester Police on January 30, the group repeatedly focused the sufferer over almost a 12 months.

The primary incident occurred in January 2023 when a person confronted the sufferer at residence and demanded cryptocurrency. The sufferer unwillingly despatched cash to Scott Armstrong, one of many gang members.

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In October 2023, the sufferer was overwhelmed and locked in a cabinet after being lured to an residence by Gary Edwards. In the meantime, Kane Godiff threatened him if he couldn’t switch cash instantly.

The ultimate assault occurred on November 30, 2023, when Edwards grabbed the sufferer from a pal’s home, pressured him right into a van, and took him to a different place.

On December 2, 2023, police obtained an nameless tip and located the sufferer at a home. Additionally they found weapons, together with a gun, machetes, knives, and restraints.

On January 30, the courtroom handed down prolonged jail sentences to the gang members. Jonathan Newns and David Povey have been every sentenced to twenty years for theft, kidnapping, and different expenses.

Godiff obtained seven years and 5 months, Karl Johnson was sentenced to 3 years, and Armstrong obtained two years and 4 months. Luke Johnson obtained 13 years and 6 months, whereas Edwards was sentenced to simply over 10 years.

In the meantime, French police lately arrested seven folks tied to the kidnapping and assault of a crypto entrepreneur and his spouse. How did the case go? Learn the complete story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Battle II period.With near a decade of expertise within the FinTech business, Aaron understands all the largest points and struggles that crypto fanatics face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the area as we all know it, and make it extra approachable to finish learners.Aaron has been quoted by a number of established retailers, and is a printed creator himself. Even throughout his free time, he enjoys researching the market tendencies, and searching for the following supernova.



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Tags: 124KcryptoExtortionGangJailedKidnapping
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