A gang of bitcoin fraudsters made so much money from an online scam they bought new cars for strangers in pubs and handed out £5,000 gift vouchers in the street.
Bitcoin scammers made over £22million after exploiting a loophole on a crypto trading site
The move allowed him and his associates, Kelly Caton and Jordan Kane Robinson, to syphon off more than £20 million worth of credits over a three-month period. The gang splurged their fortune on luxury items such as watches, houses, cars and designer goods, including a £600 wine cooler, while keeping more than £1 million stashed away in various bank accounts.
Police were able to recover 445 Bitcoin – then worth around £22 million – which will now be returned to the victims.
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