Crypto Crime Soars in 2024 Amid Market Boom

Krutika Adani

A Year of Crypto Growth & Crime

  • Bitcoin surged to $108,000, but crypto crime skyrocketed, with kidnappings and ransomware attacks rising by 200%.

A $19 Trillion Industry at Risk

  • The Bitcoin network processed $19 trillion in transactions in 2024, making it a prime target for cybercriminals and kidnappers.

High-Profile Kidnappings

  • Wonder-Fi CEO Dean Skurka was kidnapped for $1 million, highlighting the growing threat to crypto executives.

A Terrifying Trend

  • A 56-year-old was kidnapped, doused in petrol, and transported 500 kilometers, showing the ruthlessness of crypto criminals.

A Deadly Outcome

  • Crypto influencer Kevin Mirshahi was found dead months after being kidnapped, underscoring the escalating dangers in the crypto world.

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