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.
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.
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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.
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It’s not over yet either, as another £7 million still needs to be claimed by rightful owners.
$22.25 million was seized by specialist officers from Greater Manchester Police’s Economic Crime Unit in July 2021 / Credit: GMP
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.”
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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
Government grants pubs permission to stay open until 5am for England’s next World Cup match
Emily Sergeant
Pubs across the country are being granted permission to stay open until the early hours of the morning on Sunday.
As England’s World Cup journey continues, the Three Lions are set to face Mexico in a Round of 16 knock-out match at the Azteca Stadium on Sunday night, but due to time differences between the two countries, this means that kick-off will be at 1am GMT here – a time when pubs are closed, and let’s face it, a lot of us are already in bed ready for work the next day.
But, in what is set to be a big ‘boost’ for pubs and bars – and football fans – nationwide, the Government has given permission for alcohol licensing hours to be extended for Sunday night’s match.
The Home Secretary has the legislative power to extend licensing hours on occasions of ‘exceptional international, national or local significance’, so this change removes the need for individual premises to apply for extended hours.
This extension to 5am adds to the already-granted extensions for England’s knock-out games that kicked off up until 10pm.
Communities Secretary Steve Reed is set to write to Council leaders across the country to inform them of these changes.
“Football might be coming home but we’re making sure fans don’t have to,” Prime Minister Keir Starmer said in an emphatic statement.
Pubs are allowed to stay open until 5am on Sunday / Credit: Road to Victory | We Are Football (Supplied)
“Pubs staying open until the final whistle is good news for supporters and good news for the pubs and venues that bring our communities together. The whole country will be backing the team. Come on England.”
Michael Kill, who is the CEO of the Night Time Industries Association (NTIA), said the extension is ‘fantastic news’ that will be ‘hugely welcomed’ by operators.
He continued: ““This pragmatic approach allows venues to focus on what matters most – bringing communities together to support the national team.
“Major sporting occasions like this deliver a significant boost to hospitality businesses while creating an atmosphere that unites the country.”
Featured Image – Road To Victory (Supplied)
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Manchester’s free summer picnic is coming back to Oxford Road
Danny Jones
Manchester’s free ‘Summer in the City Picnic’ is returning to the Oxford Road Corridor later this year, promising plenty of live music and entertainment, family-friendly fun, outdoor activities and lots more.
Coming back to Circle Square for the second time, the now annual and completely free city centre festival will set up for its sophomore edition right on Symphony Park.
Surrounded by numerous local businesses located within the thriving Bruntwood SciTech and Vita Group neighbourhood, this mini-district is once again set to draw in crowds from all over Manchester.
With that in mind, get your coolers, picnic baskets and blankets ready: it’s time for some alfresco fanfare.
Kicking off next month for one day only, Circle Square‘s ‘Summer in the City Picnic’ 2.0 will get underway pretty much from the outset, with the organisers promising a full day of festivities.
Visitors can look forward to an even more jam-packed schedule than last year, with creative workshops and interactive experiences, DJs right through to the evening, alongside roaming steel drum performances and even silent disco adventures, just to name a few.
Other events include: sip and paint sessions, pop-up mini golf and basketball shoot-outs; ‘foot pool’, a seasonal bouquet bar, as well as a dedicated picnic space for dogs, complete with bespoke pup portraits. Adorable.
2025 saw plenty of furry friends steal the show and become local celebrities for the day, and we’re sure ’26 will be no different.
The long picnic tables will once again take centre stage, creating a relaxed space for families and friends to come together over great food from Circle Square’s wide mix of indie restaurants and cafes, such as Gooey, Onda, Hello Oriental, Half Dozen Other, Saffa Soul, North Bar, Monkey Trio and more.
Punters are, obviously, to bring along their own picnic bits, packed lunches and favourite scran, but it’s nice to have the option of treating yourself to stuff on-site.
Better still, Circle Square’s proximity not only to Oxford Road train station, but the St Peter’s Square tram stop and various bus routes (even Piccadilly isn’t really that far) means that this is super accessible for anyone interested – not to mention that it’s completely free and open to all members of the public.
Taking place on Saturday, 8 August, we hope to see you there and hopefully with the sun shining.
Emily Sergeant -
22nd February 2022 
