#CryptoKidnapping: A rising threat to internet high rollers! 🚨💰
Armed gangs are hunting individuals with significant crypto holdings in a new and dangerous form of crime known as "wrench attacks." Since 2019, there have been at least 67 reported cases in 44 countries.
How it works:
* Kidnappers abduct victims and force them to transfer cryptocurrency.
* The surge in these attacks directly correlates with rising crypto values, with Bitcoin recently hitting a record high.
* Criminals often work in gangs, with specific roles for physical assault and technical crypto transfers.
Real-life stories:
* Festo Ivaibi (Uganda): Kidnapped by armed men, forced to transfer his crypto.
* Muhammad Arsalan (Pakistan): Experienced a similar ordeal, losing a large sum of crypto.
As the crypto market grows, so does the risk. Stay safe and secure your digital assets!
#CryptoSecurity #BinanceSquare #bitcoin #WrenchAttack #Cybercrime #CryptoSafety $BNB $XRP