Thursday, April 2, 2026
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

Seven Men Jailed for 76 Years After Violent Attempt to Steal Crypto Assets

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


KeyTakeaways:

Seven males sentenced to 76 years for kidnapping and assault to steal cryptocurrency.Sufferer was tortured over months, compelled to switch a whole lot of hundreds in crypto.Violent crypto-related crimes have been on the rise within the U.Ok. and past.

A bunch of seven British males has been sentenced to a complete of 76 years in jail after their brutal makes an attempt to grab a big cryptocurrency portfolio led to a collection of violent crimes. The boys have been convicted of kidnapping and assaulting a person to power him to switch his crypto belongings, value a whole lot of hundreds of {dollars}.

The sufferer, a resident of Irlam, Higher Manchester, was kidnapped from his dwelling in December. The group transported him to a close-by location, the place he was restrained and subjected to bodily abuse. The sufferer was tied to a mattress, struck with weapons, and left with extreme bruising and burn marks. Among the many objects seized on the scene have been firearms, ammunition, knives, and different harmful weapons.

The police responded to an nameless tip-off, main them to the property the place the sufferer was held captive. As officers arrived, one of many suspects, Karl Johnson, was seen fleeing the scene. 

The incident was the fruits of a collection of violent assaults on the sufferer that started earlier in 2023. Over a number of visits, the criminals tortured the sufferer, forcing him to switch his crypto holdings. The boys locked him in a cabinet, drugged him with morphine, and threatened him with loss of life. Within the months main as much as the ultimate abduction, the sufferer had already been coerced into handing over $124,000 in crypto.

Convictions and Sentences

Jonathan Newns, one of many major offenders, was sentenced to twenty years for tried theft, kidnapping, and firearms costs. David Povey, one other key determine, obtained a 20-year sentence for his involvement within the crime. The opposite 5 males have been sentenced to phrases starting from 2 to 14 years. Their costs included theft, false imprisonment, and varied weapons offenses.

Nonetheless, the report didn’t specify how the criminals recognized the sufferer as a crypto holder, however related incidents have occurred in different areas, akin to Scotland and Florida. These circumstances level to the rising dangers confronted by people with substantial digital asset portfolios.



Source link

Tags: AssetsattemptcryptojailedMenStealViolentYears
Previous Post

Ross Ulbricht Lost $12 Million To An MEV Bot On Solana: Here’s What Happened

Next Post

Kraken Reports 128% YoY Revenue In 2024! Explore Best Crypto To Buy

Related Posts

Institutional Investors Sell 4,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares
Altcoin

Institutional Investors Sell $414,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares

March 30, 2026
Staking, Wrapping, and Airdrops: The SEC’s Epic Interpretation Shaping Tomorrow’s Crypto Landscape
Altcoin

Staking, Wrapping, and Airdrops: The SEC’s Epic Interpretation Shaping Tomorrow’s Crypto Landscape

March 27, 2026
Coinbase Adds Little-Known Crypto Asset to Listing Roadmap for Spot Trading
Altcoin

Coinbase Adds Little-Known Crypto Asset to Listing Roadmap for Spot Trading

March 25, 2026
Tether Announces 4,000,000,000 Independent Audit With Big Four Accounting Firm
Altcoin

Tether Announces $184,000,000,000 Independent Audit With Big Four Accounting Firm

March 25, 2026
‘Updating the Plumbing of the Financial System’: BlackRock CEO Larry Fink Says Tokenization Could Expand Access to Markets
Altcoin

‘Updating the Plumbing of the Financial System’: BlackRock CEO Larry Fink Says Tokenization Could Expand Access to Markets

March 24, 2026
Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments
Altcoin

Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments

March 11, 2026
Next Post
Kraken Reports 128% YoY Revenue In 2024! Explore Best Crypto To Buy

Kraken Reports 128% YoY Revenue In 2024! Explore Best Crypto To Buy

Elon Musks father floats Musk IT memecoin

Elon Musks father floats Musk IT memecoin

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

  • Bitcoin Can’t Be Stopped: Seasoned Industry Analysts Share Shocking Revelation
  • Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  
  • Best Crypto Marketing Agency (2026): Services, Pricing, & More
  • 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.