Increase in cryptocurrency kidnapping cases in Europe, a man in Spain is murdered

BlockBeats News, December 11 — According to Ibtimes, Spanish police recently uncovered a violent kidnapping case targeting cryptocurrency holders. A man and his partner were abducted, and the man was shot in the leg while attempting to escape. He was eventually found deceased in a forest near Mijas, Malaga Province. Authorities have arrested 5 people in Spain, with 4 others charged in Denmark, highlighting the transnational nature of such criminal networks. As the value of cryptocurrencies rises, similar violent incidents have surged worldwide. In 2024, multiple kidnapping cases targeting cryptocurrency holders have occurred in Canada, France, the United States, and Paris. Criminals typically detain victims for several hours, forcing them to provide wallet passwords or biometric access. Experts note that these recurring crimes indicate that criminals are developing specialized knowledge of crypto assets, posing a serious threat to digital currency holders.