Kidnappers demanding for ransom in cryptocurrency is not a new thing and sadly as mass adoption increases, so will the rate at which it is used by bad actors to perpetrate evil increase. As it is right now, I think it will be for our own good to protect ourselves by keeping our crypto activities discreet and to avoid living a flamboyant lifestyle. As this will not only keep us safe but also help not to put the lives of our loved ones in jeopardy.
the issue here is not that they are targeting those holding crypto alone, most of the kidnap cases i have read about have to do with just a regular person but the kidnappers on their own end will demand that the ransom be paid to a crypto wallet which they can trade without easily being caught. the thing is that, with increase adoption comes a surge in the numbers of persons that would want to make use of it in the wrong way because the bad eggs are regularly looking for ways of carrying out their dubious activity effortlessly without being caught. the highest we can do is to strive never to be victim of kidnappers because with or without crypto, they will still device a means of getting their ransom. armed robbers are currently making use of point of sales machine in robbing victims on a motor vehicle, should the point of sales machine be banned because some guys choose to use it for the wrong cause?