Three teenagers were accused of kidnapping a man at Gunpoint after returning from a crypto event in Las Vegas, before he drives an hour out of the city and robbed him of $ 4 million in crypto and unimaginable tokens.
According to police, the incident occurred in November. The victim ended up hosting a crypto-related event in the town of Las Vegas, and when he returned home, the suspects forced him to a vehicle and drove him to a remote desert area an hour away from the city.
There, they forced him to give the passwords to his accounts, According to In a May 10 report from Las Vegas Local News Outlet 8 News today.
The man is said to be obeying the youth’s requests if he wants to “live to see another day,” and because “they also killed his father and killed him,” according to the report.
It is said that a fourth person could talk to three young men through a phone call during the incident, which the victim could hear via a speakerphone.
After his accounts were drained by $ 4 million in Crypto and NFTThe victim was reported to have walked five miles back to the desert to reach a gas station where he could call a friend for help.
Two 16-year-olds from Florida face charges including theft, kidnapping, and extortion related to the incident. A third teenager who is said to have been involved in the plot left the country, the prosecutors said.
One of the young men was behind bail bars set at $ 4 million, while the other was released under arrest at home with electronic monitoring. An initial hearing is scheduled for June, along with both teenagers who will be tested as adults.
Digital Asset Lawyer Sasha Hodder Says In a post of May 10 X that this case describes how crypto theft is emerging. It’s not just social engineering or sim swaps today. “
Uptick to thieves that target offline crypto industry
Participants in the crypto industry are increasingly becoming targets for kidnappings and extortion. In a recent May 3 case, the father of a crypto trader is Released by police in Paris, France, after being held Within many days related to a 7 million euro ($ 7.8 million) kidnapping plot.
In February, a Crypto broker of the UK reported to jump 30 feet from a balcony To escape the kidnappers who threaten to torture and kill him for delivering more than 30,000 euros ($ 30,917) of crypto.
Related: Ledger’s co-founder was released after days in captivity in France: Report
Meanwhile, Jameson Lopp, a Cypherpunk and co-founder of self-customial firm Casa, created A List In the Github recording twelve -rioting crypto robbery worldwide.
The first dates in 2014, with a man allegedly trying to textort Computer scientist and cryptography Hal Finney of 1,000 bitcoin (Btc) costs $ 400,000 at that time.
There have been 21 in-person incidents related to crypto related today, according to LOPP’s list. In 2024, there were 28 incidents, while there were 17 in 2023 and 32 in 2021.
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