KeyTakeaways:
Seven men sentenced to 76 years for kidnapping and assault to steal cryptocurrency.Victim was tortured over months, forced to transfer hundreds of thousands in crypto.Violent crypto-related crimes have been on the rise in the U.K. and beyond.
A group of seven British men has been sentenced to a total of 76 years in prison after their brutal attempts to seize a large cryptocurrency portfolio led to a series of violent crimes. The men were convicted of kidnapping and assaulting a man to force him to transfer his crypto assets, worth hundreds of thousands of dollars.
The victim, a resident of Irlam, Greater Manchester, was abducted from his home in December. The group transported him to a nearby location, where he was restrained and subjected to physical abuse. The victim was tied to a bed, struck with weapons, and left with severe bruising and burn marks. Among the items seized at the scene were firearms, ammunition, knives, and other dangerous weapons.
The police responded to an anonymous tip-off, leading them to the property where the victim was held captive. As officers arrived, one of the suspects, Karl Johnson, was seen fleeing the scene.
The incident was the culmination of a series of violent attacks on the victim that began earlier in 2023. Over multiple visits, the criminals tortured the victim, forcing him to transfer his crypto holdings. The men locked him in a cupboard, drugged him with morphine, and threatened him with death. In the months leading up to the final abduction, the victim had already been coerced into handing over $124,000 in crypto.
Convictions and Sentences
Jonathan Newns, one of the primary offenders, was sentenced to 20 years for attempted robbery, kidnapping, and firearms charges. David Povey, another key figure, received a 20-year sentence for his involvement in the crime. The other five men were sentenced to terms ranging from 2 to 14 years. Their charges included robbery, false imprisonment, and various weapons offenses.
However, the report did not specify how the criminals identified the victim as a crypto holder, but similar incidents have occurred in other regions, such as Scotland and Florida. These cases point to the growing risks faced by individuals with substantial digital asset portfolios.
