• 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

Tether Collaborates with Drift Protocol for User Recovery

chest

Tether announced a strategic collaboration with Drift Protocol to support user recovery and relaunch the platform.

user avatarLuis Flores

XRP Price Rebound and Resistance Points.

chest

XRP price shows signs of recovery, aiming for resistance levels while facing potential declines.

user avatarArif Mukhtar

Over 300,000 Bitcoin Shifted to Long-Term Holder Wallets

chest

In the past 30 days, over 300,000 Bitcoin have moved into long-term holder wallets, indicating growing confidence among serious investors.

user avatarDavid Robinson

Retail Traders Yet to Return in Force

chest

Retail participation in the crypto market has not returned to previous cycle volumes, impacting the Fear Greed Index.

user avatarMaria Gutierrez

Crypto Fear Greed Index Reaches Highest Point Since January

chest

The Alternativeme Crypto Fear Greed Index surged to a score of 46, the highest since January, indicating improving market sentiment.

user avatarMaria Gutierrez

Bitcoin Long-Term Holder Supply Sees Notable Increase

chest

Recent data indicates that Bitcoin long-term holders have experienced a significant surge in their supply, with 303,500 BTC entering their hands over the past month.

user avatarAndrew Smith

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.