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Dead Lancashire man convicted in connection to £28M Bitcoin fraud ring

Summary by Cryptopolitan
A Lancashire man, James Parker, has been arrested in connection to a Bitcoin fraud ring that stole £28 million from an Australian cryptocurrency website. According to authorities, the scheme started in 2017 after Parker discovered a loophole that allowed him to steal money from the cryptocurrency trading website. He allegedly used the stolen funds to support his lavish lifestyle.  Parker, alongside other co-conspirators, used the loophole to sip…
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Cryptopolitan broke the news in on Saturday, January 18, 2025.
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