Scottish Authorities Charge Two in $23 Million Crypto Theft Plot
Robert Barr and Barry Letham recently
made an appearance in the High Court of Glasgow. The prosecution laid out accusations that involve them masterminding a sequence of cryptocurrency heists, estimated at roughly $23 million (or £17 million).
Prosecutors allege that between March and June of 2024, the pair conspired with others to organize a series of burglaries aimed at properties across Scotland and England.
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Reportedly, the targets were chosen because they were believed to possess substantial amounts of cryptocurrency. It’s also alleged that some of the scheme was hatched while at least one of the defendants was incarcerated at a correctional facility in Edinburgh.
The prosecution claims Barr and Letham
discussed methods for illegally obtaining cryptocurrency and transferring the assets.
Beyond the conspiracy accusations, the pair is also implicated in a home invasion in Midlothian. During this incident, a crypto wallet, electronics, jewelry, and a key were allegedly stolen.
Investigators suggest the men
also plotted to revisit the same residence to conduct a further theft, intending to seize more cryptocurrency.
According to reports, both Barr and Letham have pleaded not guilty. Their trial is
scheduled to commence in September of 2026.
Thai police have apprehended Pedro M., a Portuguese national, for allegedly orchestrating extensive cryptocurrency and credit card scams. Want to know how this case came to light?
Uncover the full details here.