Victim of Brazilian Bitcoin Ransom Kidnapping Plot Rescued
A 32-year-old Brazilian woman was recently rescued by the Civil Police on the east side of São Paulo, Brazil. The woman, married to a bitcoin businessman, was kidnapped in Florianopolis on Wednesday. The ransom was demanded in bitcoin and another unnamed cryptocurrency, according to local publication Diário Catarinense. The kidnappers approached the victim right after she dropped her daughter off at school, 50 meters away from where she lives. While on their way to the city, they kidnappers contacted the victim’s husband demanding the ransom, sending him a video of victim in which she said....
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Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually led to the arrest and eventual sentencing of the Chinese kidnappers.
A Ransom Demand
Four Chinese citizens accused of kidnapping and demanding bitcoin as ransom payment have been jailed, China’s Embassy in the Philippines has said. Two of the accused — namely, Liu and Zhang....
The Chairman of the Financial Supervisory Commission (FSC) has declared Bitcoin to be illegal in Taiwan, following a recent high-profile kidnapping accident involving ransom demands made in Bitcoin. Despite the mainstream adoption of Bitcoin by a largely tech-savvy population in Taiwan wherein citizens have the means to buy bitcoin in popular convenience store chains, the Taiwanese FSC has today declared Bitcoin to be illegal in the country. FSC Chairman Tseng Ming-Chung. The announcement came after a recent high-profile incident wherein a prominent Hong Kong business tycoon was kidnapped....
MUMBAI: Indian authorities arrested a criminal police constable and his seven associates on Wednesday, February 02, 2022. The authorities charged them for kidnapping a local crypto trader to get a bitcoin ransom worth $40 million. Dilip Tukaram Khandare came to know about a person residing at Pune, the east commercial capital of Mumbai, possessing a […]
A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally was unable to gather the ransom money. Venezuelan Citizen Abducted, Bitcoin Ransom Demanded A Venezuelan citizen identified as Gustavo Torres González was murdered yesterday when his family failed to gather ransom money that kidnappers requested be paid in bitcoin. Torres was abducted on August....
Throughout the past few years, various major institutions have fallen victim to the ransomware threat. Ransomware has become a real plague for Internet users all over the world. There is nothing more annoying than using a computer only to have the end user completely locked out due to a piece of malware encrypting all of the necessary files. Various German hospitals have fallen victim to ransomware infections in the past few weeks, and the only option was to pay a Bitcoin ransom so day-to-day operations could continue. Throughout the past few years, various major institutions have fallen....