Report: Canadian man claims kidnappers intended to torture him for his Bitcoin
An incident in Canada has brought attention to the dangers of the cryptocurrency world, as a man was reportedly kidnapped and tortured by his captors who demanded Bitcoin as ransom.
According to local reports, the victim was taken from his home in St-Hyacinthe, Quebec, by a group who tortured him in an attempt to access his cryptocurrency accounts. The assailants allegedly beat the victim and poured gasoline on him, threatening to set him on fire if he did not comply with their demands.
The victims friend, who managed to escape the kidnapping, notified the police, leading to the arrest of three suspects. The victim was eventually rescued and taken to the hospital for treatment.
Incidents like this highlight the importance of protecting ones cryptocurrency holdings and being cautious about sharing information about digital assets. It also serves as a reminder of the illicit activities that can be associated with the anonymity of cryptocurrencies.
Authorities are continuing to investigate the case, and the suspects could face charges related to kidnapping, assault, and extortion.
The post Report: Canadian man claims kidnappers intended to torture him for his Bitcoin appeared first on Crypto Breaking News.
Text source: Crypto Breaking News
