• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
NYPD Detectives Under Investigation for Bitcoin Ransom Kidnapping

NYPD Detectives Under Investigation for Bitcoin Ransom Kidnapping

user avatar

by Giorgi Kostiuk

a day ago


Significant developments have occurred within NYPD as two detectives have been reassigned amid an ongoing investigation into their alleged connections to the kidnapping of an Italian businessman for Bitcoin ransom.

Investigation and Implications

The investigation highlights the importance of strict adherence to NYPD's policies regarding off-duty employment. The detectives' roles have been downgraded pending internal inquiry.

Financial and Market Impact

No significant impact on the Bitcoin market has been observed. The situation remains isolated with no anomalies reported among institutions or exchanges.

NYPD Statement

A spokesperson for NYPD stated, "Every city employee is expected to adhere to the law, including our officers, both in and out of duty. We are troubled by these allegations, and once we became aware of the situation, the officers were reassigned to modified duties. The investigation is ongoing."

The incident underscores the critical nature of adherence to conduct policies within law enforcement. The ongoing investigation continues to attract attention and may lead to wider internal policy reforms.

0

Share

Other news

Pakistan and Its Steps in the Crypto Industry: IMF Voices Concerns

The IMF has criticized Pakistan's decision to allocate 2,000 megawatts of electricity for crypto mining, pointing to financial risks.

user avatarGiorgi Kostiuk

2 minutes ago

Analysis of Price Movements in Bitcoin and Meme Coins: Shiba Inu and Dogwifhat Lose Ground

Bitcoin has dropped to $105K, impacting the crypto market and decreasing the prices of meme coins Shiba Inu and Dogwifhat. Analysis of current trends.

user avatarGiorgi Kostiuk

2 minutes ago

Crypto Market: Bitcoin Loses Support Amid Geopolitical Instabilities

Bitcoin has fallen below the support level of $104,000, reflecting an overall market drop of $200 billion.

user avatarGiorgi Kostiuk

3 minutes ago

$5 Billion Injection from FTX into Crypto Market: Implications and Analysis

FTX returns $5 billion via stablecoin, potentially enhancing liquidity in the cryptocurrency market.

user avatarGiorgi Kostiuk

10 minutes ago

Bitcoin and Institutional Investments: The Role of BlackRock, Fidelity, and Grayscale

BlackRock, Fidelity, and Grayscale significantly impact the Bitcoin market, holding over 1.2 million BTC in ETFs.

user avatarGiorgi Kostiuk

10 minutes ago

First Ethereum and Solana Staking ETFs from REX Shares

REX Shares announces the launch of ETH and SOL staking ETFs with an innovative regulatory model.

user avatarGiorgi Kostiuk

32 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.