Over £4 million has been returned to rightful owners following an international cryptocurrency scam that was rumbled by Greater Manchester Police.
It’s come after a sum of $22.25 million (which is equivalent to just over £16 million) was seized by specialist officers from Greater Manchester Police’s Economic Crime Unit in July 2021, when intelligence led to the discovery of USB sticks containing huge amounts of Ethereum – the second largest Crypto-currency after BitCoin.
A total of 150 victims from all over the world contacted officers in the unit following the scam-bust, which GMP says saw millions invested in a fake savings and trading service.
Over £4 million has now been returned to 23 verified victims, and another 127 reported claims are currently being investigated by officers alongside partners in international law enforcement across the globe.
Victims based in the UK, United States, Europe, China, Australia and Hong Kong had deposited money, including life savings, into what they thought was an online savings and trading service using Binance Smart Chain – which stores and records transactions made in crypto-currency confirming their movement and value.
ADVERTISEMENT
The scammers operating the service waited until a significant amount of money had been deposited, before shutting down their website and transferring the funds into their own accounts.
Unfortunately for them, the scammers did not disappear without trace.
ADVERTISEMENT
Specialist officers received intelligence that those running the scheme had been in Manchester for a limited time and tracked them down, and
Officers first recovered an encrypted USB stick containing $9.5 million of stolen Ethereum, and they found a further $12.7million a few days later after locating a Cryptograph safety deposit box – which is effectively an online safe – and the code to access it.
A 23-year-old male and a 25-year-old female were arrested for fraud and money laundering offences, but they have since been released under investigation pending further enquiries.
ADVERTISEMENT
It’s not over yet either, as another £7 million still needs to be claimed by rightful owners.
Speaking on the return of the funds, and issuing a warning on cryptocurreny services, Detective Chief Inspector Joe Harrop – from GMP’s Economic and Cyber Crime Unit – said: “Anyone involved in these cryptocurrency and trading services are urged to take extreme caution and do a lot of research as there are still huge risks.
“Online currency and trading is incredibly technical and need in-depth knowledge in order to make sure your money is safe.
“If it seems too good to be true, it probably is.
“Thankfully, we’ve returned over four million pounds to 23 individual victims and we’re continuing to work through a large number of other reported claims where we can hopefully return even more money [but] we believe there may still be victims out there from all over the world who are owed some of this money we rumbled half a year ago.”
ADVERTISEMENT
Anyone who thinks they may be affected by this particular scam should get in touch with GMP on [email protected] with the following details:
The name of the savings and trading service invested in
The name of the law enforcement you reported the crime to, and officer details
Wallet addresses and documentation to prove ownership
‘Danger to life’ amber wind warning issued for Greater Manchester as Storm Éowyn arrives
Emily Sergeant
Storm Éowyn is expected to bring very strong winds and widespread disruption to Greater Manchester later this week.
In case you hadn’t heard, the Met Office named Storm Éowyn yesterday, and confirmed that it will begin to influence the UK’s weather from early on Friday – with strengthening winds initially expected in the south west first, accompanying heavy rainfall, before it quickly spreads to the north and the rest of the UK as the morning progresses.
An amber warning for wind has been issued for large parts of the UK, including the majority of Greater Manchester, for most of the day on Friday.
#StormÉowyn has been named and is forecast to bring strong winds to much of the UK on Friday and into Saturday.
Coming into effect from 6am this Friday (24 January), the weather warning his means that power cuts are likely to occur, transport services will be affected with delays and cancellations, and there is a chance that buildings could be damaged.
Worse than that though, there’s even a ‘danger to life’ too, with potential injuries occurring from flying debris.
Speaking ahead of Storm Éowyn’s arrival in a couple of days time, Mike Silverstone, who is the Deputy Chief Meteorologist at the Met Office, said: “Storm Éowyn will bring a period of very unsettled, potentially disruptive, weather to the UK through Friday and into Saturday.
Warnings for strong winds, heavy rain and snow are in place across many parts of the UK during Thursday, Friday and into the weekend ⚠️
“The strongest gusts are likely to be felt across parts of Northern Ireland, northern England, northwestern Wales and western Scotland, where exposed sites could get gusts in excess of 80mph, which has the potential to cause impacts for those in these areas.
“There will also be some heavy rain, bringing some unpleasant conditions to end the week.”
The initial warning for Storm Éowyn has been issued several days in advance, so it’s important to stay up to date with the forecast on the Met Office website here in the coming days.
Featured Image – Wikimedia Commons
News
The 2025/26 Premiership Women’s Rugby season has been delayed
Danny Jones
The next Premiership Women’s Rugby (PWR) season has been officially delayed by nearly three weeks.
Announced on Tuesday, 21 January, the decision has been taken in an effort to help promote the Women’s Rugby World Cup (WRWC), the proximity of which is rather close to the national union championship competition.
With sporting bodies also trying to nurture a growing interest in female rugby, the start of the next PWR season will be pushed back not only to give players more time to rest but in an effort to drive a larger audience to the WRWC as well, the final of which is being played here in England.
The hope is that it will also better the Red Roses’ chances of winning the international tournament in turn – fingers firmly crossed.
Get excited 🤩
The PWR 2025-26 Season will officially kick off on Saturday 25th October PLUS the PWR Cup will return 🙌
The conclusion of the international tournament is taking place at Twickenham Stadium in London on 27 September, just days before the 2025/26 Premiership season was due to start.
Local side Sale Sharks are sadly at the bottom of the table this current campaign, which kicked off on 5 October 2024 and ends this March, but with eyes already on the WRWC the focus for lots of players in the division will no doubt already be shifting.
Not only is the domestic women’s rugby season being delayed by nearly three whole weeks – meaning the first games won’t happen until 25 October – but this comes after the current schedule of fixtures was also reduced with player recovery in mind ahead of the World Cup.
Speaking to BBC Sport, the PWR’s operations manager, Amy Walmsley, said: “The Rugby World Cup is a generational moment for women’s rugby and will create a huge opportunity for both PWR and our clubs to grow and celebrate with their fans.
“The optimum time between the Rugby World Cup Final and our first league match will ensure we capitalise on what we already know will be the biggest and best World Cup ever, while also ensuring player welfare with adequate rest across the season.”
The stats back it up too as 2024 saw numerous milestones for the women’s game; in addition to record crowds at the Olympics, last year’s Guinness Women’s Six Nations was the most viewed on record with 8.1 million fans tuning in, not to mention an increased interest among 18-24-year-olds.
You can find the run-down of the Sale Sharks Women fixtures below:
𝗧𝗵𝗲 𝗥𝘂𝗻 𝗜𝗻
All of our fixtures for the 24/25 season are locked in. Let's bring that Northern roar to every game #SharksFamily 🦈
As for the final of the Premiership Women’s Rugby, the date has been reverted to its usual window in June, which should also fit within what congestion remains.
Nevertheless, with the Women’s Six Nations in late April and England – who have won all but one of their last 51 games – set to begin their World Cup on 22 August, the margins are still going to be somewhat fine if they are to head into the tournament in the best shape possible.
With the tickets selling extremely well, the expectation is that the Rugby World Cup final break is set to break the world record for the best-attended women’s rugby fixture in history.
In the meantime, Greater Manchester is gearing up for the men’s action as the Six Nations gets underway at the end of this month and the city is boasting the perfect place to watch it.