Reuters reported that former world champion Chijindu Ujah was arrested and granted bail in a UK crypto fraud case involving 10 suspects, with one victim said to have lost more than £300,000.
Former world champion Chijindu Ujah was arrested and later granted bail in a UK cryptocurrency fraud case involving 10 suspects accused of conspiracy to defraud. Reuters reported that one victim allegedly lost more than £300,000. The suspects are due in court on May 28 in the UK. Earlier police information said the alleged scheme involved callers posing as police officers and cryptocurrency company staff to obtain wallet seed phrases, giving them access to victims’ crypto holdings.