CandleFocus $230M Bitcoin Heist Takes Dark Turn — $100M Still Missing, FBI Probes Kidnapping Link
2024-10-19
Author: Content Editor
In one of the largest crypto thefts in U.S. history, two young men stole $230 million in bitcoin from a private individual. Following the heist, the suspects went on a spending spree, purchasing luxury cars, a $2 million watch, and accumulating large nightclub tabs. However, the story took a dark turn when prosecutors revealed that the crime may be linked to a kidnapping. The couple who were kidnapped may have been targeted because their son had access to cryptocurrency. The suspects used social engineering tactics to manipulate their victim and gain access to his cryptocurrency holdings. Despite some arrests, over $100 million of the stolen cryptocurrency is still missing, and federal authorities are continuing their investigation.
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