Brazilian Mom Held for Bitcoin Ransom After Alleged Kidnappers Stalk Crypto-Trading Son
A retired teacher in Brazil was kidnapped by criminals who believed she could access her son's cryptocurrency holdings after they stalked him on social media. The incident, part of a rising trend of 'wrench attacks' targeting crypto traders, occurred when her son, a crypto trader living in Portugal, was forced to pay a ransom of over $600,000 in Bitcoin for her release. Local police arrested four suspects following her capture in Recife, where she was held at gunpoint for 12 hours. This type of kidnappings is becoming more prevalent globally, with various similar incidents reported in London, France, and New York, highlighting the risks faced by individuals involved in cryptocurrency trading.
Source 🔗