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

Increased Crime in Crypto Sector Highlights Security Issues

user avatar

by Giorgi Kostiuk

a year ago


The year 2024 brought significant changes to the cryptocurrency sector, including a notable increase in criminal activity related to cryptocurrencies. Crimes ranged from kidnappings to extortions, affecting both users and companies.

France: Kidnapping with Ransom

In France, police rescued a man found tied up in the trunk of a car in Le Mans. The kidnappers made a ransom demand of his son, a cryptocurrency influencer in Dubai. The man was abducted on New Year's Eve and transported 500 kilometers across the country. An investigation is ongoing.

Pakistan: Crypto Payment Crime

In Pakistan, local trader Mohammed Arsalan was kidnapped and made to transfer $340,000 via his Binance account before being released. Several suspects, including a Counter-Terrorism Department officer, have been arrested.

Australia and Canada: New Extortion Cases

In Australia, a Saudi royal became the victim of a kidnapping orchestrated through a dating app. In Canada, WonderFi CEO Dean Skurka was kidnapped and released after a $1 million ransom was paid in Toronto. Both cases underline the growing risks for cryptocurrency traders.

As cryptocurrencies become more popular, so does crime associated with them. This necessitates increased attention to security and the development of measures to protect users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

WhiteBIT Expands Market Presence in South America

chest

WhiteBIT is expanding into the Argentine and Brazilian markets while signing a strategic agreement in Saudi Arabia to enhance accessibility and drive blockchain development.

user avatarMaya Lundqvist

WhiteBIT's Token WBT Included in Major Crypto Indices

chest

WhiteBIT's native token, WBT, has been included in major crypto indices by SP Dow Jones Indices, reinforcing its role in the global crypto economy.

user avatarLeo van der Veen

Coinbase Supports Tokenization for Enhanced Financial Access

chest

Coinbase is committed to supporting tokenized assets and blockchain innovation.

user avatarLi Weicheng

Bluefin Launches as Top Perpetual DEX on Sui

chest

Bluefin has launched its V2 version on the Sui network, establishing itself as the leading perpetual decentralized exchange (DEX) with fast trading capabilities and a comprehensive suite of financial services.

user avatarTenzin Dorje

Suilend Emerges as Leading DeFi Protocol on Sui

chest

Suilend has established itself as the leading lending and borrowing platform within the Sui ecosystem, currently holding a total value locked of $295 million.

user avatarBayarjavkhlan Ganbaatar

Walrus Hackathon Launches with $100k in Prizes

chest

Walrus has officially launched its Hackathon, offering a total of $100,000 in prizes. The event features four different tracks aimed at fostering on-chain innovation and encouraging developers to build with data.

user avatarAisha Farooq

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.