UK Crypto Scammer Claimed $4.7M Wallet to Delay Trial

[johnblockbuster]

In the UK, 69-year-old fraudster Timothy Barnes pleaded guilty to 34 counts of theft and fraud after stealing $2.6 million through scams that occasionally involved crypto.
In court, Barnes claimed to own $4.7 million in on-chain assets to reimburse victims — a lie later exposed by investigators.
Judge Andrew Lockhart called the document “potentially forged,” and prosecutors said no such wallets exist.
This bizarre case highlights how crypto is now woven into traditional fraud tactics, even among older con artists.

[EmTeam]

Claiming a $4.7M wallet to delay justice? That’s next-level manipulation — digital assets make legal cases even more complex. ️

[Rimon Khan]

Crypto scams are evolving faster than courts can adapt — digital evidence now plays a massive role in legal battles. 🧾