Ben Noden’s sentencing for £198,387 crypto theft is delayed due to legal aid issues. He admitted guilt in January.
Noden worked as a roofer. His boss, Peter Round, sought crypto help. Round later found his investment portfolio was gone and contacted the police after this discovery.
Noden admitted guilt on January 13 at Redditch Magistrates’ Court. He pleaded guilty to theft and fraud. The stolen sum totaled £198,387, and Round’s friends and family were present.
Round explained that he was 66 at the time and had worked hard for that money. Noden managed the crypto investments. Round trusted him with his savings.
Round aimed to double his retirement fund and wanted expert help with crypto. Round instructed Noden to buy specific coins, as Noden’s computer skills seemed promising.
Thirteen months later, the funds vanished. Noden transferred up to £12,000 daily while still collecting his £400 weekly pay. Round, now 68, cannot retire.
Round also noted the case’s delays, mentioning it has dragged on since July of the previous year.