A Brazilian woman was kidnapped by a gang that believed she would provide access to her son's substantial crypto holdings. The gang, composed of two men and two women, tracked her son's social media activity and assumed she could access his assets. After a 12-hour ordeal, during which the kidnappers held her at gunpoint, her son sent approximately $600,000 worth of Bitcoin to secure her release. Law enforcement has arrested four individuals related to the case, which is part of a trend of 'wrench attacks' where kidnappers target individuals connected to cryptocurrency. Similar incidents have occurred worldwide, highlighting the growing risks associated with cryptocurrency activities. Investigators expressed concerns over recovering the Bitcoin sent to the kidnappers, underlining the difficulties in tracking such transactions within the crypto ecosystem.

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