• 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

China Launches Military Drills Near Taiwan Amid Geopolitical Tensions

chest

China has initiated live-fire military exercises near Taiwan, named Justice Mission 2025, to showcase its military capabilities amidst rising geopolitical tensions.

user avatarTomas Novak

Crypto Markets Unaffected by Geopolitical Tensions from China

chest

The cryptocurrency markets have not reacted to China's military drills, indicating a focus on geopolitical issues rather than economic signals.

user avatarEmily Carter

Australia Implements New Age Verification Rules for Search Engines

chest

Australia has implemented new regulations requiring search engines to verify the age of users and filter content accordingly.

user avatarKaterina Papadopoulou

US Government Criticizes Foreign Censorship Efforts

chest

The US government has criticized foreign regulators for attempting to impose censorship on American platforms.

user avatarMaya Lundqvist

Ireland to Propose Age Verification Measures for Social Media Users

chest

Ireland is set to propose age verification measures for social media users across Europe.

user avatarLeo van der Veen

Bitcoin Price Struggles to Maintain Gains

chest

Bitcoin price attempted to rise above 90,000 but faced significant resistance and has since consolidated losses.

user avatarLi Weicheng

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.