Man charged after woman lost £154k in Bitcoin scam

A 28-year-old man has been charged with money laundering as part of an investigation into a Bitcoin fraud.

A woman from Bristol contacted Action Fraud in June 2024 to report she had been conned out of £154,000 worth of Bitcoin in a telephone scam.

An investigation, led by the Financial Investigations Unit of Avon and Somerset Police, later led to the seizure of £100,000 in crypto assets.

Omar Abdalla, of Islington, London, appeared before Bristol Magistrates' Court on Monday and was remanded into custody to next appear at Bristol Crown Court on 24 February.

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