Bitcoin

Bold

In Kyiv, Ukraine, police have arrested four men, aged 24 to 29, for allegedly kidnapping and murdering a 29-year-old foreign national Bitcoiner.
The suspects reportedly planned the attack and executed it around midnight on July 29, according to Kyiv Police.
Residents alerted the police after hearing screams and witnessing the victim being forcibly pushed into a car by several individuals.
The victim was subsequently taken to an abandoned building, where he was coerced into transferring approximately 7 million Ukrainian hryvnias worth of <a href="https://www.coindesk.com/price/bitcoin/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> (about 2.55 BTC).
The attackers then strangled the victim and buried his body in a nearby forest.
Kyiv Police stated that the suspects attempted to conceal their crime by altering the car’s appearance and changing its license plates.
After the crime, they converted the stolen Bitcoin into U.S. dollars and euros.
However, they were eventually apprehended by the authorities.
Prosecutors in Kyiv are preparing to charge the four men with murder, robbery, illegal deprivation of liberty by an organized group, and concealment of a crime.
READ MORE: <a href="https://www.cryptointelligence.co.uk/trump-vows-to-make-u-s-crypto-capital-of-the-world-if-elected-promises-bold-bitcoin-policies-at-conference/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Vows to Make U.S. ‘Crypto Capital of the World’ if Elected; Promises Bold Bitcoin Policies at Conference</a>
If convicted, they could face life imprisonment.
This incident highlights the dangers that continue to plague the cryptocurrency community.
Notably, in 2022, a crypto millionaire was found dismembered in a suitcase in Argentina, and another individual was murdered with a dumbbell in Bulgaria, with their remains disposed of in a drain.
Bitcoin cypherpunk Jameson Lopp has noted that criminals often identify potential victims through social media, public discussions, meetups, and conferences.
Lopp advises against engaging in peer-to-peer trades with untrusted individuals, flaunting wealth on social media, or wearing crypto-branded clothing.
“The general premise is that if criminals are less aware of you, they are less likely to target you,” he emphasized.
To submit a <a href="https://www.cryptointelligence.co.uk/category/press-releases/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto press release (PR)</a>, send an email to <a href="mailto:sales@cryptointelligence.co.uk" rel="noopener noreferrer nofollow">sales@cryptointelligence.co.uk</a>.

Four Arrested in Kyiv for Kidnapping and Murder of Bitcoiner, Theft of $170,000 in Bitcoin

Crypto Intelligence

Other articles published on Aug 2, 2024

Smart Money With 100% Win Rate Buys Ethereum Tokens Again!

Exploring Rocket Pool’s Utility Tokens and the Best Upcoming Crypto Presales

What is Alpha Venture DAO Coin?

Stellar Network’s Complete History Now Available via Validation Cloud’s Archive Nodes

BlackRock’s Samara Cohen Predicts Crypto ETFs to Enter Model Portfolios by End of 2024

Coinbase Shares Rise After Q2 Revenue Beats Wall Street Expectations

Join our free newsletter for daily crypto updates!