Manhunt Ends In Morocco: Alleged Crypto Kidnapping Boss Captured

Bitcoin and other cryptocurrencies use are spreading rapidly in the Kingdom of Morocco on the blind side of the global Satoshi community. Professional crypto trader and developer, Aziz Elmi estimates that more than $200,000 of Bitcoin trading is done daily under the radar in his native Morocco. Elmi is a leading member of the crypto community in his country with a huge following and the main developer of AtlasCoin, one of Africa's only two cryptocurrencies. He is positive Morocco has a lot to offer to the digital currency world. Morocco's unwillingness to open up enough to the rest of the....

Six men are accused of kidnapping three family members and their nanny from a Chicago townhouse in October 2024 in exchange for a crypto-ransom. Before being freed next to a dry cleaners, the victims were allegedly kept for five days and forced into handing over almost $15 million in Bitcoin (BTC) holdings. Crypto Kidnapping Case […]

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....

In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s top cryptocurrency trading nation, according to the latest data from crypto payments company Triplea. The data also shows that only three African countries topped Morocco’s volumes and these include....

Following the kidnapping of billionaire Pearl Oriental Oil chairman Wong Yul-Kwan, it has been reported that the family of the business mogul has allegedly paid nearly $2 million in bitcoin to the men responsible for his capture after they sent repeated threats of physical violence towards their hostage. Yul-Kwan had been missing since late September, and was held in captivity for well over a month, blindfolded and handcuffed to a bed in an abandoned house in the Kouhu Township in western Taiwan. It is believed that the kidnappers repeatedly burned Yul-Kwan's face with cigarettes and....