Man to face trial for alleged £8m Bitcoin theft

United Kingdom News News

Man to face trial for alleged £8m Bitcoin theft
United Kingdom Latest News,United Kingdom Headlines
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A man from Holywood, County Down, is to face trial accused of stealing Bitcoin to the value of £8m.

A man from County Down is to face trial accused of an international, multimillion-pound cryptocurrency fraud.

In total, Mr Yaqub faces 19 charges of converting criminal property, four counts of fraud by false representation and single charges of fraudulent training and theft. The fraud by false representation charges allege that he claimed Razormind Ltd is "a world leading information technology services company" that provides a "wide range of services to a substantial and diversified client base" including corporations, financial institutions, governments and high-net-worth individuals.

Mr Yaqub also allegedly claimed that he had "obtained an M.Phil and PhD from Queen's University Belfast."

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