Post
Topic
Board Beginners & Help
Re: Father of cryptocurrency entrepreneur rescued after being kidnapped for ransom
by
Mia Chloe
on 05/05/2025, 10:29:49 UTC
Someone was reported to have made his fortune from cryptocurrencies. His father was kidnapped. The kidnappers demanded for ransom but not stated if the ransom was bitcoin or any other cryptocurrencies. I tried to read other news but I did not get the details of the ransom asked for by the kidnappers....
This post is basically a reminder of why we should make sure we put the privacy of our coins at maximum. Privacy and security go hand in hand especially if you are a big HODLer that could be targeted easily by thieves and hackers. I believe crypto holders are targeted more because these thieves have discovered that it's more difficult to track crypto than regular fiat transactions that con be traced very easily across banks.