South African Kidnappers Demand a 15 Bitcoin Ransom

Bitcoin and other cryptocurrencies have always been appealing to criminals. Whereas most of the illegal activity takes place online, that is not always the case. In South Africa, a kidnapping of a 12-year-old child is making headlines. This is mainly because the kidnappers have demanded a 15 Bitcoin ransom prior to releasing the child. Another … Read more

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

According to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Police Arrested … Read more

Kidnapped Exchange Analyst Pavel Lerner Freed After Paying Bitcoin Ransom

Pavel Lerner has been freed from captivity following his kidnapping this week. The EXMO analyst is physically unharmed and no longer being held hostage, according to a company press release. Free at Last On December 26, Pavel Lerner, 40, was wrapping up work at his office in Kiev, Ukraine, where he works as the lead analyst … Read more