Browsing: kidnapping

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.

A Ugandan digital asset executive was kidnapped and forced to transfer his cryptocurrency. The incident highlights the growing trend of crypto-related abductions globally.

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.

Crypto-related crimes have escalated from online theft to physical violence, including kidnapping, torture, and ransom demands, as cryptocurrency values surge.