Australian crypto billionaire Tim Heath, founder of Yolo Group, survived a kidnapping attempt in Tallinn, Estonia. According to Eesti Ekspress, a group of foreigners disguised as painters attacked Heath in the entrance of his home in the Old Town. The assailants planned to abduct the businessman and demand cryptocurrency, using GPS trackers and fake passports for surveillance. During the struggle, Heath bit off part of a finger from one of the assailants, allowing him to break free and hide in his apartment. DNA evidence confirmed the involvement of Azerbaijani Allahverdi Allahverdiyev, who, along with Georgian Ilgar Mamedov, is being tried in Estonia.
Prosecutors claim that the assailants planned to transport Heath to a rented sauna to extort digital assets. After the failed attempt, Heath received a message on Telegram demanding 30 bitcoins (approximately $3.3 million). Heath spent €2.7 million on private security and filed a lawsuit for €3.2 million. This incident highlights the rise of physical attacks on crypto investors, known as 'wrench attacks.'
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