Three Arrested in Ukraine for Crypto Kidnapping and Theft

News Flash 2025-10-18 03:15

Authorities in Kharkiv, Ukraine, have detained three men accused of kidnapping a victim and stealing €14,600 in cash and $83,000 in USDT. The suspects, dressed in military attire, allegedly forced the victim into a car, assaulted him, and held him captive in a basement to facilitate the cryptocurrency transfer. This incident underscores the rising threat of 'wrench attacks,' where physical violence is used to extract crypto assets from victims. Security experts advise crypto holders to remain discreet about their holdings to avoid such risks.

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