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Relm Insurance has launched a specialized kidnap and ransom insurance product specifically for the Web3 and cannabis sectors. Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a … Read more
Fenbushi Capital co-founder Bo Shen announced a public bounty on Thursday, offering 10% to 20% of any recovered funds to individuals or organizations that help him reclaim approximately $42 million in cryptocurrency stolen from his personal wallet more than three years ago. Fenbushi Capital Co-Founder Offers up to 20% of $42M to Recover Stolen Crypto … Read more
French authorities recently arrested six suspects accused of kidnapping a magistrate and her mother in a cryptocurrency ransom scheme. Targeting Cryptocurrency Wealth French prosecutors announced Feb. 8 that six suspects, including a minor, have been arrested after a magistrate and her mother were held captive for about 30 hours in a cryptocurrency ransom scheme. Lyon … Read more
Two teenagers were arrested after a violent home invasion in Scottsdale, Arizona, targeting $66 million in cryptocurrency. The Breach and Assault Two California teenagers are in custody following a violent home invasion targeting a massive cryptocurrency fortune, an incident police say was orchestrated by anonymous handlers via the encrypted messaging app Signal. Jackson Sullivan, 17, … Read more
On Jan. 8, the Truebit protocol’s native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. The Anatomy of the Attack The native token of Truebit, a verification and orchestration layer for tokenized assets, collapsed by 99.95% on … Read more
While the cryptocurrency sector has flourished under newfound U.S. government legitimacy, this “golden age” has been shadowed by a brutal emerging trend: the surge of “wrench attacks.” Mainstreaming the Target The start of 2025 proved favorable for the cryptocurrency industry as President Donald Trump pledged to dismantle the previous administration’s restrictive stance toward digital assets. … Read more
The murder of Danilo Kuzmin, the 21-year-old son of Kharkiv’s deputy mayor, in Vienna, is strongly suspected to be a case of crypto-related robbery and violence. Cryptocurrency as the Core Motive The brutal murder of Danilo Kuzmin, a 21-year-old Ukrainian student and the son of Kharkiv’s deputy mayor, in the Austrian capital, Vienna, is increasingly … Read more
A $3 million XRP theft has rattled investors after hackers reportedly breached what was believed to be a secure wallet, moving the stolen assets through complex blockchain routes that reveal unsettling vulnerabilities across the digital finance ecosystem. Inside the $3M XRP Heist That Exploited a ‘Cold’ Wallet That Wasn’t Crypto thefts targeting XRP holders are … Read more
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers, Peel Chains, Hermès Birkin Bags, and Stuffed Animal Cash Shipments The indictment, announced by … Read more
An individual wanted by Interpol, lost $50 million in a kidnapping that involved drugs, fake police officers, and a daring escape in Brazil. Rodrigo Perez was kidnapped on March 24 by fake police officers who kept him drugged and handcuffed to a bed for five days. Fake Police Officers Kidnap Alleged Scammer in Brazil, Stealing … Read more