Crypto crime: Two men arrested in New York, accused of torturing Bitcoin tycoons
Two crypto investors charged in Bitcoin torture scheme
Two men were arrested in New York, accused of kidnapping and torturing Bitcoin tycoons, all in an attempt to gain access to the digital currency. Since there are no physical coins in Bitcoin, they need access to something called a ‘seed phrase.’
SOUTHFIELD, Mich. (FOX 2) – As Bitcoin reaches new heights in terms of value, there are more and more desperate attempts by criminals to get their hands on it.
The backstory:
Two men were arrested in New York, accused of kidnapping and torturing Bitcoin tycoons, all in an attempt to gain access to the digital currency. Since there are no physical coins in Bitcoin, they need access to something called a ‘seed phrase.’
Many…
