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Home»Cryptocurrency»Athletics: Athletics-British sprinter Ujah arrested in cryptocurrency fraud probe
Cryptocurrency

Athletics: Athletics-British sprinter Ujah arrested in cryptocurrency fraud probe

By CharlotteMay 8, 20262 Mins Read
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May 8 (Reuters) – British sprinter ⁠Chijindu Ujah was arrested as part of an ⁠investigation into cryptocurrency fraud, a serious crime investigation ‌body said, with the former world champion being released on bail.

Britain’s Regional Organised Crime Unit Network (ROCU) said Ujah was one of 10 ​people arrested and one of seven ⁠bailed by magistrates to ⁠attend a court hearing on May 28 after they were ⁠all ‌charged with conspiracy to defraud.

Ujah did not immediately respond to a request for comment from Reuters. ⁠Governing body British Athletics declined to comment.

“It ​is alleged the ‌suspects were part of an organised crime group ⁠linked to ​a scam which involved phone calls to multiple victims, from people purporting to be police officers and cryptocurrency companies,” ROCU ⁠said in a statement.

“Victims are reported ​to have been tricked into sharing important security details, including seed phrases, before discovering funds stored in their crypto wallets ⁠had been stolen.”

ROCU said one of the victims is alleged to have lost more than 300,000 pounds ($410,000).

Ujah was a 4×100 metres relay world champion in 2017 and ​European relay champion in 2016 and ⁠2018.

He was banned for 22 months for a doping violation ​which led to Britain’s relay ‌team at the Tokyo Olympics being ​stripped of their silver medal.

($1 = 0.7343 pounds)

(Reporting by Rohith Nair in Bengaluru; Editing by Toby Chopra)



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