Venezuela's largest national police agency is looking for a 23-year-old man who allegedly staged his own kidnapping in order to steal $1.15 million worth of Bitcoin.
According to the authorities, Andrés Jesús Dos Santos Hernández told his victims that their funds had been stolen.
He came up with a sham story about his captors forcing him to transfer his holdings from Binance, the largest cryptocurrency exchange, to numerous wallet addresses. This, of course, was just a charade for his fraud.
So far, the scammer’s whereabouts remain unknown.
Alex DovbnyaIn late 2017, an executive of the Exmo cryptocurrency exchange got kidnapped in Ukraine but was later released after paying a $1 million ransom.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Arman Shirinyan
Dan Burgin
Vladislav Sopov