Teens kidnap Las Vegas man at gunpoint, stealing $4M in crypto

6 hours ago

Three teenagers person been accused of kidnapping a antheral astatine gunpoint aft helium was returning from a crypto lawsuit successful Las Vegas, earlier driving him an hr extracurricular of the metropolis and robbing him of $4 cardinal successful crypto and non-fungible tokens.

According to police, the incidental occurred past November. The unfortunate had finished hosting a crypto-related lawsuit successful downtown Las Vegas, and erstwhile helium returned home, the suspects forced him into a conveyance and drove him to a distant godforsaken country an hr distant from the city. 

There, they forced him to manus implicit passwords to his accounts, according to a May 10 study from Las Vegas section quality outlet 8 News Now. 

The antheral was allegedly told to comply with the teens’ demands if helium wanted to “live to spot different day,” and due to the fact that they besides “had his dada and would termination him,” according to the report. 

It’s besides alleged that a 4th idiosyncratic whitethorn person been communicating with the 3 young men done a telephone telephone during the incident, which the unfortunate could perceive done a speakerphone.

After having his accounts drained of $4 cardinal successful crypto and NFTs, the unfortunate reportedly walked 5 miles backmost done the godforsaken to scope a state presumption wherever helium could telephone a person for help. 

Two 16-year-olds from Florida are facing charges including robbery, kidnapping, and extortion successful transportation with the incident. A 3rd teen allegedly progressive successful the crippled has near the country, prosecutors say.

One of the young men is down bars with bail acceptable astatine $4 million, portion the different has been released nether location apprehension with physics monitoring. A preliminary proceeding is scheduled for June, with some teens acceptable to beryllium tried arsenic adults. 

Digital plus lawyer Sasha Hodder said successful a May 10 X station that this lawsuit illustrates however “Crypto theft is evolving. It’s not conscionable societal engineering oregon SIM swaps anymore.”

Cryptocurrencies, Las Vegas, United States, CrimesSource: Sasha Hodder

Uptick successful thieves targeting crypto manufacture offline

Crypto manufacture participants are progressively becoming targets for kidnappings and extortion. In a caller May 3 case, the begetter of a crypto entrepreneur was freed by constabulary successful Paris, France, aft being held for respective days successful transportation with a 7 cardinal euro ($7.8 million) kidnapping plot.

In February, a UK crypto broker reportedly jumped 30 feet from a balcony to flight kidnappers who were threatening to torture and termination him for handing implicit 30,000 euros ($30,917) of crypto.

Related: Ledger co-founder released aft days successful captivity successful France: Report

Meanwhile, Jameson Lopp, a cypherpunk and co-founder of self-custodial steadfast Casa, has created a list connected GitHub signaling dozens of offline crypto robberies each implicit the world. 

The archetypal dates backmost to 2014, erstwhile idiosyncratic allegedly tried to extort machine idiosyncratic and cryptographer Hal Finney of 1,000 Bitcoin (BTC) worthy $400,000 astatine the time. 

There person been 21 incidents of in-person crypto-related robbery truthful acold this year, according to Lopp’s list. In 2024, determination were 28 incidents, portion determination were 17 successful 2023 and 32 successful 2021. 

Magazine: Bitcoiner enactment trap extortion? BTS firm’s blockchain disaster: Asia Express

View source