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UK Gang Jailed for $124K Crypto Kidnapping and Extortion

by Catatonic Times
February 1, 2025
in Altcoin
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A court docket in Manchester has sentenced seven gang members for kidnapping and forcing a person at hand over greater than $124,000 in cryptocurrency.

Based on a report from the Higher Manchester Police on January 30, the group repeatedly focused the sufferer over practically a 12 months.

The primary incident occurred in January 2023 when a person confronted the sufferer at dwelling 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 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 buddy’s home, compelled 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 court docket 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 costs.

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 not too long ago arrested seven folks tied to the kidnapping and assault of a crypto entrepreneur and his spouse. How did the case go? Learn the total 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 Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers 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 trade newcomers.Aaron is the go-to particular person for the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the house as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established shops, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market developments, and in search of the subsequent supernova.



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Tags: 124KcryptoExtortionGangjailedkidnapping
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