Police arrest suspects in cryptocurrency owner’s kidnapping, $523,000 stolen

The Kaliningrad region’s Investigative Committee opened a criminal case into the kidnapping of a cryptocurrency owner.

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According to investigators, on the evening of September 27, two residents of Sovetsk, posing as law enforcement officers, forcibly put a local man into a car. He was taken to the apartment of one of the suspects and, under threats, forced to share passwords to his cryptocurrency wallet and banking apps.

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The suspects were remanded in custody and charged.

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The victim was returned around $70 000 of the stolen funds, the Investigative Committee said.

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The investigation is ongoing.

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Earlier ForkLog reported, the kidnappers forced the Kaliningrad resident to unlock his iPhone, obtained codes for two-factor authentication on Binance and transferred the funds to their wallets. In total, the attackers stole about $523,000 in USDT.

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