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Bitcoin Scam Ring Must Repay $30 Million in 3 Months or Face an Additional 14 Years in PrisonA group of cryptocurrency scammers in the UK has been ordered to repay $30 million within 3 months, or face an additional 14 years in prison, according to a recent court ruling. The loophole on the CoinSpot exchange and the beginning of the case In 2017, James Parker, an unemployed man living in Blackpool, UK, discovered a flaw on the Australian exchange that allowed for massive withdrawals without detection.

Bitcoin Scam Ring Must Repay $30 Million in 3 Months or Face an Additional 14 Years in Prison

A group of cryptocurrency scammers in the UK has been ordered to repay $30 million within 3 months, or face an additional 14 years in prison, according to a recent court ruling.

The loophole on the CoinSpot exchange and the beginning of the case

In 2017, James Parker, an unemployed man living in Blackpool, UK, discovered a flaw on the Australian exchange that allowed for massive withdrawals without detection.
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