Three men face trial in Novosibirsk over kidnapping and $14.5M crypto extortion
- —Victim was held for a week in Ob and Sosnovka under threat of violence
- —Attackers obtained the keys and credentials to his crypto wallets
- —Losses: over 1.3 billion rubles in crypto and 50 million rubles in cash
- —Case filed with Novosibirsk's Zheleznodorozhny district court; no verdict yet
Why it matters: The case highlights physical coercion of wallet holders as a persistent risk for large crypto holdings, separate from software exploits.
Source: Journal du Coin
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