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British Olympic sprinter in court over alleged cryptocurrency scam
Prosecutors say victims were tricked into sharing security details, and one lost more than £300,000 in the alleged scam.
- On Thursday, sprinter Chijindu Ujah and 9 others appeared at Chelmsford Crown Court facing charges of conspiracy to defraud as part of an alleged organized crime group.
- Eastern Region Special Operations Unit agents investigated the group after victims were allegedly tricked into sharing security details, allowing suspects to steal cryptocurrency wallet funds.
- Fraudsters allegedly posed as police officers and cryptocurrency companies to deceive victims, with one individual reported to have lost more than £300,000 in the scheme.
- None of the defendants entered pleas at Thursday's hearing, and they are scheduled to return to court on July 24 for a trial expected to last three months.
- Ujah, a 32-year-old athlete who competed in 4x100m relay at the Tokyo Olympics, was among those remanded into custody, while six co-defendants received bail.
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Cryptocurrency News | Cryptocurrency Prices | Market CapBritish Olympic sprinter CJ Ujah among 10 in court over alleged crypto fraud
One of the victims is alleged to have lost more than £300,000
·London, United Kingdom
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