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Daily Record
Daily Record
World
Damon Wilkinson & Lewis Moynihan

Cryptocurrency gang worth £22mil 'handed out £5k gift cards in the street'

Police say a Cryptocurrency gang worth £22million handed out £5k gift cards in the street. Officials claim the Bitcoin scammers were so wealthy that they bought cars for people they met in the pub.

Manchester Evening News reports that between October 2017 and January 2018, the group exploited a loophole to siphon off more than £20million. The money came from James Parker's trading account on an Australian-based cryptocurrency exchange.

Parker's corrupt financial adviser Stephen Boys, nicknamed Rodney after the character in Only Fools and Horses, helped launder the stolen funds. The group's ringleader, Parker, died in 2021 before he could be brought to justice.

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