Saturday, June 28, 2025
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Manchester Gang Convicted After Shocking Crypto Extortion Scheme Uncovered

by Catatonic Times
February 1, 2025
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


A Manchester Crown Courtroom has sentenced seven gang members for orchestrating a sequence of kidnappings, violent assaults, and cryptocurrency extortion schemes.

Over a number of months, the group repeatedly focused one particular person, forcing him to switch substantial quantities of cryptocurrency to their management. The escalating violence culminated in threats, confinement, and extreme bodily hurt earlier than authorities intervened, bringing the perpetrators to justice.

Particulars of the Crimes

The sufferer’s ordeal started in January 2023, when a gang member confronted him at his house and demanded cryptocurrency. Underneath menace, he complied, transferring the primary of a number of funds.

Few weeks later in that very same month, David Povey and an confederate armed with a knife returned to extract extra funds. The sufferer as soon as once more surrendered cryptocurrency, wishing the intimidation will cease.

In October 2023, the gang’s strategies grew to become much more brutal. Gary Edwards, one of many gang members lured the sufferer to a flat the place he was restrained, crushed, and confined in a single day. When he couldn’t produce funds instantly, one other assailant, Kane Godiff, issued demise threats.

Hours of violence handed earlier than the sufferer was launched upon fee. Nevertheless, the assaults didn’t cease. In a single subsequent incident, the gang kidnapped the sufferer, lined his head, and subjected him to additional threats and bodily abuse.

The ultimate assault occurred on November 30, 2023, when Edwards pressured the sufferer right into a van and transported him to a different location, the place he was once more assaulted.

Police Intervention and Sentencing

The turning level got here on December 2, 2023, when police responded to an nameless name relating to the sufferer’s security. Officers arrived at a property as one of many gang members, Karl Johnson, tried to flee. Inside, they found the severely injured sufferer pleading for assist.

Proof discovered on the scene—starting from firearms and ammunition to blunt weapons and restraining supplies—corroborated his account.

On January 30, 2024, the Manchester Crown Courtroom handed down prolonged jail phrases. Jonathan Newns obtained 20 years for prices together with tried theft, kidnapping, and firearms possession. David Povey was additionally sentenced to twenty years for related offenses. A report learn:

The sufferer stated he didn’t know who was doing this to him however defined that related incidents had occurred a number of months earlier, however that they had let him go as he had paid them greater than £100,000.

Different sentences ranged from 13 years and 6 months for Luke Johnson to 2 years and 4 months for Scott Armstrong, who dealt with the switch of the extorted cryptocurrency. In complete, seven people confronted vital sentences for his or her roles within the involvement of violence and extortion.

BTC value is shifting sideways on the 2-hour chart. Supply: BTC/USDT on TradingView.com

Featured picture created with DALL-E, Chart from TradingView



Source link

Tags: ConvictedcryptoExtortionGangManchesterSchemeShockinguncovered
Previous Post

Top NFT Collections – February 1, 2025

Next Post

Top Crypto Gainers Today Feb 1- Gas, NEO, Kava, Brett

Related Posts

Dogecoin Price Prediction: Horizontal Support At Descending Triangle Creates Basis For Surge To
Bitcoin

Dogecoin Price Prediction: Horizontal Support At Descending Triangle Creates Basis For Surge To $1

June 28, 2025
Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic
Bitcoin

Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic

June 27, 2025
Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise  Billion
Bitcoin

Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion

June 28, 2025
The Fall Of Solana In The NFT Market – What Went Wrong?
Bitcoin

The Fall Of Solana In The NFT Market – What Went Wrong?

June 28, 2025
After Torres’ No, Lawyer Predicts When It’s Over
Bitcoin

After Torres’ No, Lawyer Predicts When It’s Over

June 27, 2025
Trump-Linked WLFI Secures 0M UAE Investment
Bitcoin

Trump-Linked WLFI Secures $100M UAE Investment

June 27, 2025
Next Post
Top Crypto Gainers Today Feb 1- Gas, NEO, Kava, Brett

Top Crypto Gainers Today Feb 1- Gas, NEO, Kava, Brett

A Complete Guide to 10KTF: The Celebrated NFT Workshop

A Complete Guide to 10KTF: The Celebrated NFT Workshop

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Dogecoin Price Prediction: Horizontal Support At Descending Triangle Creates Basis For Surge To $1
  • Bitcoin 4-Hour Chart Flashes Bullish Momentum — Breakout Brewing?
  • Trump Blames Biden for Banks Blocking Crypto: ‘There Is a Lot of Debanking’
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.