Bitcoin

Indian Gang Demanding Ransom in Bitcoin Busted After Kidnapping Crypto Traders

Three Indian cryptocurrency traders were kidnapped and tortured for 15 days. The gang demanded 80 Bitcoin from the traders’ family members.

Luftan Shaikh, Mohammad Shazad and Malang Shah, all are cryptocurrency traders who were kidnapped in Jaipur city after being lured into the region by gang members who claimed to be selling bitcoins at a low price. They were tortured and held captive for fifteen days to force their families to pay a ransom.

Police arrested the gang members and freed the hostages. The suspects were identified by local media as Jitendra Kumar, 21, Deepak Kumar, 22, Anupam Soni, 19, Pawan Kumar, 20, Bhawani Singh, 19, Lokendra Singh, 24 and Rahul Kumar, 19. Lokendra Singh is from Rajasthan and the others are originally from Haryana.

Source: hindustantimes.com

Lorna Udinese

Full time technology researcher. Lorna been involved with the world of cryptocurrency since 2012 when he first invested in Bitcoin. If you have any questions or comments please feel free to contact her at lorna@thecoinspost.com

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