• 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

Federal Reserve Meeting and Inflation Reports This Week

chest

This week, the Federal Reserve will release its meeting minutes and key inflation reports, with potential market volatility expected.

user avatarNguyen Van Long

CVD Analysis Reveals Institutional Trading Patterns

chest

CVD analysis reveals trading patterns of institutional investors compared to retail traders, highlighting trends in order flow segmentation and market sentiment.

user avatarKofi Adjeman

Toss to Integrate Web3 Wallet into Existing App

chest

Toss plans to embed a Web3 wallet into its mobile application, simplifying access to digital assets for users.

user avatarRajesh Kumar

Toss Plans to Launch Proprietary Blockchain Mainnet

chest

Toss is developing its own mainnet and native digital asset to reshape its fintech capabilities in South Korea.

user avatarJesper Sørensen

StakeStone Executes Major STO Token Transfer to Bitget

chest

StakeStone team executed a major STO token transfer valued at approximately 29 million to the Bitget cryptocurrency exchange.

user avatarLucas Weissmann

Bitchat Messaging App Faces Removal from China's App Store

chest

Bitchat, a decentralized messaging app, has been removed from the App Store in China for violating internet service regulations.

user avatarSatoshi Nakamura

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.