Close Menu
    What's Hot

    Staggering 47 Billion XRP Now Safeguarded

    July 10, 2025

    XRP Surges to 7-Week Peak as Whale Accumulation Grows

    July 10, 2025

    Think Tank Advocates 3% Bitcoin Allocation for States

    July 10, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Finances Zippy
    Subscribe
    • Home
    • Business
      1. Markets
      2. Insights
      3. View All

      Staggering 47 Billion XRP Now Safeguarded

      July 10, 2025

      XRP Surges to 7-Week Peak as Whale Accumulation Grows

      July 10, 2025

      Think Tank Advocates 3% Bitcoin Allocation for States

      July 10, 2025

      Nexo Reports 72% Yearly Surge in Crypto Card Borrowing

      July 10, 2025

      Staggering 47 Billion XRP Now Safeguarded

      July 10, 2025

      XRP Surges to 7-Week Peak as Whale Accumulation Grows

      July 10, 2025

      Think Tank Advocates 3% Bitcoin Allocation for States

      July 10, 2025

      Nexo Reports 72% Yearly Surge in Crypto Card Borrowing

      July 10, 2025
    • Crypto
      • Bitcoin
      • Ethereum
    • More
      • About Us
      • Disclaimer
      • Contact
    Finances Zippy
    Home»Crypto»Manchester Group Found Guilty in Intriguing Cryptocurrency Extortion Plot
    Manchester Group Found Guilty in Intriguing Cryptocurrency Extortion Plot.18 A dark and intense crime themed image depicting the shocking crypto
    Crypto

    Manchester Group Found Guilty in Intriguing Cryptocurrency Extortion Plot

    financeBy financeFebruary 1, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Diving into the shadowy world of cryptocurrency extortion, a distressing case has unfolded in Manchester, United Kingdom. Seven individuals, operating as a gang, were recently handed down lengthy prison sentences for their involvement in a series of kidnappings, violent assaults, and cruel extortion demands specifically targeting cryptocurrency. Over several months, they repeatedly targeted an unsuspecting victim, compelling him to transfer substantial volumes of cryptocurrency under escalating threats of violence, confinement, and severe bodily harm. Only timely intervention from the authorities saved the victim and brought the culprits to their deserved fate.

    Anatomy of the Vicious Crimes

    The victim’s nightmare started in January 2023 when an audacious gang member dared to confront him right at his doorstep, demanding cryptocurrency. Fearing for his life, the victim complied, thereby inadvertently setting in motion a series of devastating events. Later in the same month, David Povey, one of the criminals, along with another accomplice armed with a knife, returned to extract more cryptocurrency funds from the petrified victim.

    This reign of terror took a turn for the worst in October 2023. Gary Edwards, another gang member, deceivingly lured the victim to an apartment where he was trapped, beaten up, and kept captive overnight. When the victim couldn’t immediately procure more money, Kane Godiff, an additional assailant, stooped to issuing death threats. After enduring hours of brutal violence, the victim was finally released, but only after a ransom was paid.

    Even then, his ordeal didn’t end there. On multiple occasions, the gang abducted the victim, blindfolded him, and subjected him to further threats and physical abuse. The final assault happened on November 30, 2023, when Edwards forcibly shoved the victim into a van and transported him to yet another location to continue the torment.

    Timely Police Intervention and Judicial Outcome

    A pivotal tipping point arrived on December 2, 2023, when the police received an anonymous tip about the victim’s dire situation. Arriving just in time at a location, officers caught Karl Johnson, one of the gang members, red-handed as he was trying to escape. Inside the property, they found the severely injured victim in desperate need of assistance.

    The physical evidence discovered at the scene – comprising firearms, ammunition, blunt weapons, and restraining materials – provided strong support for the victim’s horrific account. A little over a year later, on January 30, 2024, the Manchester Crown Court pronounced stringent prison sentences for the seven gang members. Jonathan Newns and David Povey were each sentenced to 20 years behind bars for charges including attempted robbery, kidnapping, and possession of firearms.

    Other members received sentences ranging from 13 years and six months for Luke Johnson to two years and four months for Scott Armstrong, who handled the transfer of the extorted cryptocurrency. In sum, the seven criminals faced significant sentences for their roles in this appalling saga of violence and extortion.

    FAQs

    What happened in the Manchester cryptocurrency extortion case?

    Seven individuals were sentenced by the Manchester Crown Court for committing a series of violent assaults, kidnappings, and cryptocurrency extortions targeting a single victim over several months.

    How did the police intervene in the Manchester extortion case?

    Police intervened following an anonymous call reporting the victim’s plight. They captured one of the gang members trying to flee from a property where the severely injured victim was discovered.

    What were the sentences given to the gang members in the Manchester extortion case?

    The Manchester Crown Court handed down sentences ranging from 20 years to two years and four months to the seven individuals involved in the extortion case.

    How can I keep my cryptocurrency safe?

    By using a reliable cryptocurrency app like Finances Zippy, users can keep track of potential risks and market trends. It offers insightful price predictions and enhanced security features to safeguard your investments.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    finance
    • Website

    Related Posts

    Staggering 47 Billion XRP Now Safeguarded

    July 10, 2025

    XRP Surges to 7-Week Peak as Whale Accumulation Grows

    July 10, 2025

    Think Tank Advocates 3% Bitcoin Allocation for States

    July 10, 2025

    Nexo Reports 72% Yearly Surge in Crypto Card Borrowing

    July 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The Bit Journal– Your Trusted Source for Crypto, Finance, and Technology News

    Sponsor: TBJ PostMarch 14, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your hub for trusted crypto news. Get clear insights, trends, and updates from the world of digital finance. Head to our homepage for more content.

    Stay connected. Follow us online:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Staggering 47 Billion XRP Now Safeguarded

    July 10, 2025

    XRP Surges to 7-Week Peak as Whale Accumulation Grows

    July 10, 2025

    Think Tank Advocates 3% Bitcoin Allocation for States

    July 10, 2025
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Disclaimer:


    All information provided on this website is for general informational purposes only and should not be interpreted as investment advice. Nothing presented here constitutes an explicit or implicit recommendation regarding any financial product, investment vehicle, or strategy. The content does not take into account your personal objectives, financial circumstances, or specific needs; therefore, you should conduct your own research or seek guidance from a qualified advisor before making any financial decisions. Investing inherently carries risks, including the potential loss of part or all of your capital. This website and its content are not intended for use in jurisdictions where such investment activities are restricted or prohibited and should only be accessed in compliance with applicable laws. Additionally, investor protection regulations in your country or region may not apply to activities conducted through this site. While the use of this website is free of charge, we may have partnerships with certain companies featured on the site and may earn commissions through referral links.

    Type above and press Enter to search. Press Esc to cancel.