BlockBeats News, May 8th, according to The Guardian report, British sprinter CJ Ujah, who won a gold medal in the 4x100m relay at the 2017 World Athletics Championships, is one of 10 suspects charged with "conspiracy to defraud," stemming from a police investigation into cryptocurrency fraud.
These suspects are said to be part of an organized crime syndicate involved in a fraudulent scheme: criminals contacted multiple victims by phone, posing as police officers or cryptocurrency company personnel to commit the fraud.
Authorities stated that the victims were manipulated into disclosing vital security information, including their "mnemonic phrases," only to later discover that funds in their crypto wallets had been stolen. One victim lost over £300,000.
This arrest and prosecution operation was carried out by the Eastern Region Special Operations Unit in Kent, Essex, and London following an investigation. All 10 suspects appeared in Magistrates' Court last Thursday.
