Seven gang members sentenced for kidnapping and extorting cryptocurrency investor in Manchester

From Cointelegraph
January 31, 2025 4:55am:

A UK gang convicted of kidnapping, torturing, and extorting a man for his cryptocurrency has been sentenced at Manchester Crown Court. The victim was forced at gunpoint to transfer Bitcoin worth over £800,000. The gang members received prison sentences ranging from 11 to 14 years. The case highlights the risks associated with owning and trading cryptocurrency.

Read more at Cointelegraph: Manchester court sentences 7 for kidnapping, $124K crypto extortion