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Teens Jailed After $4.3 Million Crypto Robbery

by Catatonic Times
February 8, 2026
in Altcoin
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Three youngsters have been given youth custody after a theft in London, the place they pressured a person handy over $4.3 million in cryptocurrency.

Police stated the group used a wrench and knives to threaten the sufferer inside his flat after pretending to ship a package deal.

A video launched by the Metropolitan Police exhibits how the kids gained entry by posing as supply staff. As soon as inside, they demanded the sufferer’s cryptocurrency and left with each the digital property and his BMW.

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Officers later linked the group to the crime by way of social media posts and automobile monitoring information. Based on police, the youngsters travelled from Sheffield to London on June 17, 2024, to hold out the theft.

After leaving the scene, they recorded themselves within the stolen BMW and posted the clip on Snapchat. Investigators used this footage to substantiate their identities and place them on the flat.

The stolen automotive triggered an computerized quantity plate recognition alert lower than three hours afterward the M1 in Northamptonshire. Police ultimately stopped the automobile on the M6 in Warwickshire after a brief pursuit.

The sufferer’s cryptocurrency was situated inside 72 hours and returned to him two weeks later.

All three defendants pleaded responsible to costs associated to the theft and automotive theft. Their mixed sentences complete 16 years in youth detention, with particular person phrases starting from 46 to 80 months.



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Tags: cryptojailedMillionRobberyTeens
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