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$ 3.5 million: a Turkish kidnapping gang targeting bitcoin holders

According to the Turkish newspaper Habertürk, police recently managed to capture a gang of five extortionists in Merter, in the western suburbs of Hacked Island, for only $ 39 a month. from Istanbul, one of the largest cities in the country, making it the first time that the police conducted an operation in a crime related to bitcoin in Turkey. According to reports, the extortionists have managed to steal 450 bitcoins, worth about $ 3.54 million, from a businessman earlier this week.

The gang followed the businessman to his car pretending to be the police, before removing and extorting his pieces and stealing from him. his passwords online, threatening him inside a van. The trial would have lasted eight hours before the victim was finally released.

Following the incident, the businessman contacted the police and filed a criminal complaint. The police began investigating the case and, as the gang was probably neglected to cover his tracks, managed to quickly identify his members.

After identifying those responsible for the crime, the authorities launched a surveillance operation, during which they were able to find out where the quintet was and film their members during their daily lives. In addition, Turkish cybercrime officials have tracked stolen funds on the blockchain, and it is unclear whether they have been recovered.

The police operations were successful because the gang was then caught red-handed as it was preparing to kidnap a second victim to extort it. An investigation also revealed that the suspects had stolen "bitcoin mining equipment" from other people in Esenler District.

Reports further suggest that one of the gang's leaders was convicted of extortion and sentenced to 30 years in prison, while another incarcerated suspect appears to have managed to s & # 39; Escape, according to the Daily Sabah.

Victim targeted for exhibiting his wealth

Apparently, the gang decided to target the rich businessman after seeing images in which he was showing an extravagant lifestyle, including meals in luxury restaurants, on social media.

As any cryptocurrency lover should know now, showing off his wealth is never a good idea, as it is clearly a security risk. Criminals are always looking for a way to make money, whether it is to steal money from someone or bitcoin from someone else.

Image from Shutterstock.

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