Browsing: Crypto Crime

As New York City’s mayor promotes the city as a crypto capital, a disturbing case of kidnapping and torture involving cryptocurrency highlights the industry’s vulnerability to old-fashioned criminality.

As cryptocurrency values soar, criminals are increasingly using physical violence to steal digital assets, with cases of kidnapping, torture, and ransom demands reported in multiple countries.

Cryptocurrency’s rise has brought significant opportunities for cybercriminals to scam people out of their money. Investigative firms like CNC Intelligence are using advanced technology to confront fraudsters.