• 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

Market Analysis and Projections for AVAX Through 2030

chest

Analysts provide various projections for AVAX prices through 2030, highlighting the uncertainty and factors influencing these predictions.

user avatarLucas Weissmann

ZachXBT Uncovers $23M Wallet Linked to $90M Theft

chest

Crypto investigator ZachXBT uncovers a $23 million wallet linked to a $90 million theft, highlighting vulnerabilities in crypto security.

user avatarFilippo Romano

Saudi Arabia Unveils Lighthouse Operating System for Manufacturing Transformation

chest

Saudi Arabia's Ministry of Industry and Mineral Resources announced the Lighthouse Operating System to accelerate manufacturing transformation and diversify the economy.

user avatarEmily Carter

Saudi Arabia and WEF Sign Cooperation Agreement on Critical Minerals

chest

Saudi Arabia's Ministry of Industry and Mineral Resources signed a cooperation agreement with the World Economic Forum to secure sustainable supplies of critical minerals through 2027.

user avatarKaterina Papadopoulou

Launch of Business4Land Champions Council to Accelerate Land Restoration

chest

Launch of the Business4Land Champions Council to mobilize private sector leadership for land restoration and drought resilience.

user avatarTomas Novak

Saudi Arabia to Host First Global Coral Reef Summit in 2026

chest

Saudi Arabia will host the first Global Coral Reef Summit in 2026 to address urgent challenges related to coral reef ecosystems.

user avatarMaya Lundqvist

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.