- A crypto investor in Vietnam recruited a gang to kidnap and rob one other particular person.
- The investor claimed that the person cheated him out of his Bitcoin funding.
- Two native law enforcement officials concerned within the crime confessed at trial.
Earlier right this moment, a Vietnamese court docket heard surprising particulars of a deliberate crypto heist involving a 16-member gang, together with two native law enforcement officials. This was the trial of Ho Ngoc Tai, a crypto investor who resorted to underhanded means to get well his lack of 100 billion Vietnamese dong (VND) in Bitcoin.
Based on a neighborhood report, Tai invested in crypto in 2018 on the recommendation of an acquaintance, Le Duc Nguyen. Nevertheless, after promoting 1,000 Bitcoins (BTC) for 100 billion VND, value $4.3 million, to spend money on shitcoins and shedding every part, he suspected that Nguyen had cheated on him.
To get well the misplaced cash, Tai recruited a felony gang to kidnap Nguyen alongside his household and compelled him to present his e-wallet password. The group then transferred cryptocurrencies from Nguyen’s e-wallet to Tai’s.
After stealing the digital cash equal to 35 billion VND, Tai and his accomplices took Nguyen and his household to Thu Duc Metropolis and offered the stolen fund for 18.88 billion VND, leaving 80 Bitcoin within the digital wallets of Tai.
Based on the report, the 2 officers confessed to their involvement within the crime. Nevertheless, some defendants denied the crime, stating that they didn’t know that Tai was stealing Nguyen’s property, they usually claimed that Tai was solely amassing a debt from him.
Individually, a crypto portfolio supervisor for a Dubai-based agency was lately kidnapped by his colleagues and held for ransom whereas vacationing in Spain. Based on the report, the abductors tied up the sufferer and demanded 1 million euros for his launch. In a coordinated operation involving 50 law enforcement officials, the abductors had been apprehended and the sufferer was rescued to security.