đ¨ Spainâs CryptoShock: Kidnapping and âŹ2M Heist Targeting âCryptoSpainâ
đ° Midnight Home Invasion
Spainâs crypto community is reeling after businessman Ălvaro Romillo â known online as CryptoSpain â reported a violent home invasion and theft. According to his statement to the National Police, five masked, armed assailants stormed his home just an hour after he and his partner returned from a trip. The criminals restrained them with zip ties and tape, forcing them to transfer âŹ1.2 million in cryptocurrencies. They also seized âŹ500,000 in luxury watches, jewelry, and âŹ200 in cash, bringing the total haul to nearly âŹ2 million.
đľď¸ââď¸ Professional Operation
Police sources described the heist as meticulously planned: gloves were worn, no fingerprints left behind, and movements appeared highly coordinated. The investigation focuses on reviewing security footage and tracking blockchain transactions to trace the stolen funds. International cooperation and forensic crypto tools are key to solving the case.
âď¸ Ongoing Legal Shadows
Romilloâs public profile and ongoing legal troubles have intensified media interest. He is currently facing trial in Spainâs National Court for alleged involvement in a pyramid scheme tied to Madeira Invest Club, deemed a âfinancial scamâ by regulators. He is also under investigation for suspected irregular funding of the political party Se AcabĂł la Fiesta.
đ Rising Crypto Kidnapping Wave
This incident is part of a disturbing 2025 trend: kidnappings and violent crimes targeting prominent figures in the cryptocurrency sector.
Recently, Ledger co-founder David Balland was rescued in France after a similar abduction, and authorities arrested the alleged mastermind in Morocco.
đ Public Call for Leads
While Romillo and his partner escaped without physical harm, the emotional toll is severe. Police are urging the public to share any information that could lead to the capture of the still-at-large suspects.