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UK Gang Jailed for $124K Crypto Kidnapping and Extortion

February 1, 2025
in Crypto Updates
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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 line 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 crushed and locked in a cabinet after being lured to an condominium 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 good friend’s home, compelled him right into a van, and took him to a different place.

On December 2, 2023, police acquired 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 had been every sentenced to twenty years for theft, kidnapping, and different prices.

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

In the meantime, French police just lately arrested seven individuals 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 Warfare II period.With near a decade of expertise within the FinTech business, Aaron understands the entire 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 particular person for every part and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish learners.Aaron has been quoted by a number of established shops, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and on the lookout for the following supernova.



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Tags: 124KcryptoExtortionGangJailedKidnapping
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