Kidnap Attempt: Forum Moderator Escapes with Family

user avatar

by Giorgi Kostiuk

2 years ago

A volunteer moderator of a cryptocurrency forum has gone into hiding with his family after surviving an alleged kidnapping attempt, according to La Presse.

Kidnap Attempt

The suspects reportedly targeted the man, believing he held millions in Bitcoin. Instead, he claims his holdings were closer to $10,000. The incident began in early November when two masked men approached his home. Days later, while driving his daughter to daycare, he noticed hooded individuals in a black vehicle near his residence.

Charges and Arrests

After a confrontation, four suspects were arrested. Among them were two minors who allegedly planned to kidnap and torture the man to obtain his cryptocurrency wallet password. The suspects, who have no prior criminal record, were charged with conspiracy to kidnap and firearm offenses. They were released on house arrest pending trial, scheduled for March. Police advised the man to relocate due to connections between the suspects and organized crime.

Rising Crime in Crypto Sphere

This isn't the first high-security crypto-related incident in Canada. Last November, the body of 25-year-old cryptocurrency influencer Kevin Mirshahi, missing since June, was found in Montreal's Île-de-la-Visitation Park. Also in November, Dean Skurka, CEO of WonderFi, was abducted in downtown Toronto and later released after a $1 million ransom was paid electronically.

These incidents highlight the increasing risks and threats in the cryptocurrency sphere, drawing attention to the safety concerns within the crypto community.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

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.