Two Men Released on Bail in Bitcoin Trader Kidnapping Case

According to PANews, two men accused of kidnapping and torturing a Bitcoin trader in New York have been released on $1 million bail each, despite facing charges that could lead to life imprisonment. The judge granted bail after considering discrepancies in witness testimonies and differing accounts from both parties. Prosecutors allege that the men subjected the victim to two weeks of violent threats and torture to force the surrender of cryptocurrency assets. However, the defense argues that the victim was not forcibly controlled. This case highlights a rise in 'wrench attacks' within the cryptocurrency sector, prompting experts to call for enhanced self-protection measures. The defendants are required to wear electronic monitoring devices and surrender their passports as they await further trial proceedings.#CryptoScamSurge #AmericaAIActionPlan #BNBBreaksATH #BTRPreTGE #CryptoClarityAct