Former Ukrainian Police Officer Kidnaps Crypto Entrepreneur for $2.2 Million Ransom; Investigation into Gang Completed

Odaily Odaily Planet Daily News A group of former police officers in Ukraine allegedly kidnapped a cryptocurrency entrepreneur, extorting approximately $2.2 million through violence, intimidation, and fabricated debts.

Prosecutors stated that the gang targeted at least four victims, utilizing their law enforcement experience, official vehicles, and impersonation of police officers to commit the crimes. The Kyiv Regional Prosecutor's Office announced that the pre-trial investigation has been completed. The suspects include four former police officers and one civilian with a prior criminal record, though they have not yet been formally charged in connection with these cases.

Reports indicate that this case occurs amid a global rise in "wrench attacks" (using physical violence to coerce victims into handing over digital assets) targeting cryptocurrency holders. (Decrypt)