A foreigner visiting Kiev, Ukraine, was kidnapped in an attempt to steal his bitcoins (BTC). The man was murdered and the criminals made off with over 7 million hryvnias (HUA) in cryptocurrency.
Man murdered for his bitcoins in kyiv, Ukraine
The police report states that it is a murder”shameless» committed by 4 people aged 24 to 29The latter allegedly acted with premeditation, developing a plan that targeted a foreign man holding bitcoins (BTC).
👉 Don’t miss our guide – How to secure and store your cryptocurrencies?
Residents reported hearing screams and seeing men beating a person and forcing him into a car. The victim, who was 29, was then allegedly taken to an abandoned building.
There, she was forced to transfer her BTC to another wallet.then she was strangled, according to police. The body was buried in the forest and the cryptocurrencies were quickly exchanged for fiat currency.
$170,000 in cryptocurrency
The 4 men were arrested. The murder allowed them to collect 7 million hryvnias (HUA) in Bitcoin, or the equivalent of $170,000 at the current rate.
The investigation resulted in the seizure of money, a car and other “physical evidence“. The defendants are not eligible for bail and face life in prison..
🌐 Also in the news – Bitcoin (BTC) is approaching $70,000 again after 3 weeks of gains
This is an opportunity to remind you that if secure storage is an almost essential step for storing your cryptocurrencies, Unfortunately, it is still possible to force someone to access their wallet.. It may therefore be wise to take steps to reduce these types of risks.
Cryptoast Research: Don't Spoil This Bull Run, Surround Yourself With Experts
Source: police report
The #1 Crypto Newsletter 🍞
Receive a daily crypto news recap by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products, or services. Some links in this article may be affiliate links. This means that if you purchase a product or sign up for a site from this article, our partner pays us a commission. This allows us to continue to provide you with original and useful content. There is no impact on you and you can even get a bonus for using our links.
Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers must do their own research before taking any action and only invest within the limits of their financial capacities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with a high return potential implies a high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of these savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.