British sprinter CJ Ujah faces charges from UK police over an alleged cryptocurrency fraud scheme. The case involves theft of wallet seed phrases and impersonation calls.
UK authorities have formally charged Olympic sprinter CJ Ujah in connection with a cryptocurrency fraud investigation. Police allege the British athlete participated in a scheme that targeted victims through stolen wallet seed phrases and deceptive impersonation calls.
Tyler Robert Buchanan, a 24-year-old from Dundee, Scotland, pleaded guilty in a California federal court to conspiracy to commit wire fraud and aggravated identity theft. Prosecutors said he and accomplices stole $8 million in virtual currency from victims across the United States through phishing attacks. He faces up to 22 years in prison at his August 21 sentencing.
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US authorities have charged three men with a series of violent robberies targeting cryptocurrency holders across California. The spree netted $6.5 million in digital assets from victims in Los Angeles and the San Francisco Bay Area.