• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Crime: Global Rise in Violence Against Traders

user avatar

by Giorgi Kostiuk

a year ago


In 2024, cryptocurrencies reached significant price levels, leading to a rise in crimes against crypto investors worldwide.

Incidents in Different Countries

In several countries, there have been high-profile crimes against cryptocurrency owners. In France, police rescued a man found in the trunk of a car in Le Mans, who was kidnapped and a ransom was demanded from his son, a crypto influencer. In Pakistan, kidnappers forced local trader Mohammed Arsalan to transfer $340,000 on Binance before releasing him. In Australia, a member of the Saudi royal family was lured through a dating app, where they were held and threatened, with a demand of $40,000 in bitcoins. In Canada, Dean Skurka, CEO of WonderFi, faced a similar situation and was released after a $1 million payment.

Consequences and Precautions

These incidents highlight the severe risks faced by crypto investors. The sharp rise in cryptocurrency prices attracts criminals seeking to profit from newfound wealth. Investors are advised to adopt enhanced security measures to protect themselves and their assets.

Prospects for 2025

With forecasts for bitcoin growth in 2025, incidents of kidnappings and extortion may multiply. The importance of enhanced security measures is growing in the expanding sector.

Growing risks for crypto investors necessitate stricter security measures and international law enforcement cooperation to ensure protection in the rapidly developing sector.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Experiences Unprecedented Eight Consecutive Red Monthly Candles

chest

Solana has printed eight consecutive red monthly candles, indicating a prolonged slump and a potential for a sharp rebound after the ninth red candle.

user avatarDiego Alvarez

Ethereum Breaks Above Key Moving Averages, Signaling Potential Shift in Momentum

chest

Ethereum has broken above its 4-hour 200 MA and 200 EMA for the first time since April, indicating a possible shift back to bullish momentum.

user avatarKenji Takahashi

XRP Ledger Sees Unprecedented Growth in Tokenized Assets

chest

The XRP Ledger has seen significant growth in tokenized assets, increasing from 900 million to nearly 4 billion in just five months, with a 1379% rise in the last 30 days.

user avatarMaria Fernandez

Mastercard Expands Global Settlement Infrastructure to Support Crypto Transactions

chest

Mastercard announced a significant expansion of its global settlement infrastructure to enable on-chain settlement using regulated stablecoins, allowing card transactions to settle 24/7.

user avatarGustavo Mendoza

The Growing Influence of the Crypto Industry in Politics

chest

The results of the congressional race illustrate the growing power of the crypto industry in political campaigns.

user avatarRajesh Kumar

Saikat Chakrabarti Fails to Advance in California Congressional Race

chest

Saikat Chakrabarti, a founding engineer at Stripe, lost his bid for Congress in California, failing to secure enough votes to advance in the race.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.