Cointime

UK Court Sentences Four In Multimillion Euros Bitcoin Fraud Case

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Four individuals linked to the theft of £21m in Bitcoin from an Australian crypto exchange were handed down sentences by a UK court on Friday, Jan 13, bringing to closure a four-year-plus legal battle.

According to an announcement by The Crown Prosecution Service (CPS), the four, Stephen William Boys, 58, Kelly Caton, 44, Jordan Kane Robinson, 23, and James Austin-Beddoes, 27 had been charged with stealing and laundering Bitcoin and other crypto assets between 2017 and 2018 from an Australian-based crypto exchange Blackpool.

The four are said to have been part of a syndicate led by James Parker who masterminded the theft after discovering and exploiting some vulnerabilities in the crypto exchange.

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