British Duo Accused of Plotting $23M Crypto Heist While Incarcerated

Two men face trial in Glasgow's High Court for allegedly orchestrating a scheme to steal nearly $23 million in cryptocurrency through a series of targeted robberies. Robert Barr and Barry Letham are accused of identifying high-value crypto holders and planning raids on properties across Scotland and England.

Prosecutors reveal the audacious plot was partially devised from behind bars, with at least one defendant coordinating while imprisoned in Edinburgh. The charges include conspiracy to steal digital assets, alongside a separate robbery in Midlothian involving cryptocurrency wallets and physical valuables.

The case underscores growing security concerns as crypto wealth becomes increasingly visible to criminal elements. Law enforcement agencies are grappling with novel challenges posed by digital asset theft, where traditional physical security measures often prove inadequate against determined attackers.