Bitcoin fraud gang struggled to spend cash

Bitcoin fraud gang struggled to spend cash

James Parker became known as the Bitcoin millionaire, police said

A £21m Bitcoin fraud netted a Blackpool-based gang so much money they struggled to spend it, said police.

James Parker used a glitch in a trading website to siphon money with the help of Kelly Caton, Stephen Boys, Jordan Robinson and James Austin-Beddoes.

They made money so quickly that Parker bought cars for strangers and gave away £5,000 vouchers to try to deal with the proceeds, Lancashire Police said.

But it fell apart when…


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