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

by Catatonic Times
February 1, 2025
in Altcoin
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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.



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Tags: AssetsattemptcryptojailedMenStealViolentYears
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