The Worrying Backlash Of The Bitcoin Surge
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min read ▪ by
The year 2024 was marked by a spectacular rise in the value of cryptocurrencies, with bitcoin reaching a historic peak of $108,135. However, this explosive growth has also led to a worrying increase in kidnappings and extortion targeting crypto traders and investors.
Bitcoin: Investors Targeted by Criminals
In France, a particularly alarming incident occurred on January 1, 2025. Police rescued a 56-year-old man found tied up in the trunk of a car in Le Mans. The kidnappers demanded a ransom from his son, a crypto influencer based in Dubai.
In Pakistan, another case was…
