The father of an unnamed crypto entrepreneur was held captive at a property for several days until a May 3 police raid liberated him.
Crimes News
In the digital era, crimes have transcended physical boundaries, manifesting in various forms online. Online crimes encompass a broad range, from identity theft and phishing to credit card fraud, exploiting the vulnerabilities of internet users. Simultaneously, digital crimes involve unauthorized access, manipulation or theft of digital data, leading to data breaches and cyber espionage, posing significant threats to individuals and organizations alike.
Within this landscape, cryptocurrency crimes have emerged, leveraging the decentralized nature of digital currencies. For instance, ransomware attacks encrypt data and demand cryptocurrency payments for the decryption keys, while crypto fraud schemes use phony initial coin offerings (ICOs) or Ponzi schemes to trick unsuspecting investors. The illegal use of other people’s devices for unauthorized cryptocurrency mining is known as “cryptojacking.” Darknet markets allow for the anonymous exchange of cryptocurrencies between buyers and sellers, facilitating illicit trade.
Moreover, pump-and-dump schemes manipulate cryptocurrency prices for profit, showcasing the intricacies of this digital criminal landscape. Law enforcement agencies and cybersecurity experts collaborate to combat these offenses, emphasizing cybersecurity awareness and robust measures to safeguard against evolving threats in the online and crypto realms.
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John Woeltz and William Duplessie reportedly pleaded not guilty to the kidnapping and false imprisonment of Michael Valentino Teofrasto Carturan in New York City.
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US authorities seized 145 domains and crypto linked to BidenCash, a dark web market accused of selling millions of stolen credit cards.
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Moroccan police arrested Badiss Mohamed Amide Bajjou, who is accused of being one of the ringleaders behind a spate of recent crypto-related kidnappings in France.
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French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large.
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Crypto executives and investors are turning to kidnap and ransom insurance as violent attacks targeting crypto wealth continue to rise.
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MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users.
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Two NYPD detectives allegedly linked to a crypto torture case in Manhattan have been placed on modified duties as the investigation unfolds, according to multiple reports.
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A major Coinbase breach occurred in 2025 with insiders involved. Coinbase responded differently and the extortion failed.
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The incident is the latest in a string of “wrench attacks” and other violent crimes targeting crypto investors and industry professionals.
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South Korean police arrested a Russian national in Busan after a failed $730,000 crypto robbery in Seoul.
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A second person suspected of being tied to the alleged kidnapping and torture of an Italian man for his crypto will surrender to New York City police, according to multiple reports.
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A victim lost $2.6 million in stablecoins by falling for two zero-value transfer phishing scams within three hours, raising concerns over address poisoning tactics.
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A crypto investor in Manhattan is accused of holding an Italian man captive for weeks, allegedly torturing him for access to Bitcoin wallet credentials.
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The incident reveals the ever-evolving tactics scammers employ against the crypto community and serves as a reminder to remain vigilant.
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