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Crypto Kidnappings Are Getting a Higher Profile

Crypto Kidnappings Are Getting a Higher Profile

Seven years ago, a kidnapping in South Africa made headlines for one particular demand: the kidnappers in question asked to be paid in cryptocurrency. Nowadays, the headlines surrounding crypto-related kidnappings are a little different; instead of criminals looking to get their ransoms in cryptocurrency, kidnappers are going right to the source.

The Associated Pressโ€™s John Leicester recounted the unsettling account of a man held hostage who lost a finger in the process. (Thankfully, he was rescued before he could be further harmed.) Leicester described the abducted man as โ€œthe father of a wealthy cryptocurrency entrepreneur.โ€ Unfortunately, it sounds like this is becoming increasingly commonplace; the article references…

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