Key Takeaways:
Olympian CJ Ujah and 9 others faced U.K. court charges on May 28 for an organized cryptocurrency fraud scheme.The gang allegedly drained digital assets from victims’ wallets, stealing $403,500 from a single individual.All 10 defendants are scheduled to return to the Chelmsford Crown Court on July 24 for the next legal step.The gang allegedly tricked targeted victims into divulging their seed phrases, which were then used to drain digital assets from their wallets. In one instance, a victim allegedly lost $403,500 (£300,000), according to prosecutors.
However, he later tested positive for two banned substances, resulting in the British team being stripped of its Olympic medals. Although he was later cleared of intentionally taking prohibited substances, Ujah, 32, has not competed since April 2025.
Following the court appearance, four defendants — Brandon Mingeli, Louis Richards-Miller, Joseph Umoru and Jami Durston — were remanded into custody, while the remaining six, including Ujah, were released on bail. They are all expected to return to court on July 24.
