Huo Xing Finance reports, according to Reuters, that British sprinter and former world champion Chijindu Ujah has been arrested on suspicion of cryptocurrency fraud and has since been released on bail. The UK’s Organized Crime Division stated that Ujah was one of ten individuals arrested, with seven granted bail by a magistrate and scheduled to appear in court on May 28; all are charged with conspiracy to commit fraud. Police say the suspects belong to an organized crime group alleged to have carried out phone scams by impersonating police officers and employees of cryptocurrency companies, tricking victims into revealing sensitive information—including seed phrases—to steal funds from their crypto wallets. One victim reportedly lost over £300,000 (approximately $410,000). Ujah previously served a 22-month suspension for a doping violation, which led to the disqualification of Britain’s silver medal in the 4x100m relay at the Tokyo Olympics.
British sprinter Chijindu Ujah arrested over alleged crypto fraud
MarsBitShare
Summary
British sprinter Chijindu Ujah has been arrested over alleged cryptocurrency fraud, according to MarsBit. Ujah is one of ten individuals accused of impersonating police and crypto personnel to steal funds via phone scams. The scheme targeted wallet security, with one victim losing over £300,000. Ujah, who was previously banned for 22 months for doping, is set to appear in court on May 28. The case underscores ongoing AML/CFT efforts in liquidity and crypto markets, with authorities emphasizing the need for stronger safeguards to prevent similar frauds.
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