Thursday, October 29, 2015

Bitcoin Ransoms Are Becoming More Popular in Kidnappings

Two different kidnappings in two different parts of the world have taken the world of illicit Bitcoin activities to a new level. Long discussed as the currency of the Silk Road, the online drug marketplace only accessible via Tor, it appears a new, more violent criminal is turning towards the digital currency to get away with kidnapping. The most recent example, the kidnapping of a Hong Kong tycoon once charged with fraud, Wong Kwan. The kidnappers threatened to scrape out the eyeballs or chop off the legs of the Pearl Oriental Oil chairman if his family did not cough up […]

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