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South African Boy Kidnapped For Bitcoin Ransom Found

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Fri, 25/05/2018 - 8:43
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South African Boy Kidnapped For Bitcoin Ransom Found
Cover image via U.Today
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Earlier this week, a 13-year-old boy was kidnapped in rural South Africa with the kidnappers leaving a ransom note demanding 15 BTC from the family. The boy has now been found, but the police have declined to say if the ransom was paid for his return.

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“I can confirm that Katlego Marite has been found,” Mpumalanga police spokesman Leonard Hlathi said. “I am not at liberty to divulge more details. Currently, an investigation is underway.”

“He was alone when he was found. He is 100 percent fine. The parents are by the side with their son and the police are also with him.”

When the boy was taken, the family admitted that they had never even heard of Bitcoin, but clearly, the criminals felt that they would be able to get away with their crime with an untraceable ransom payment.

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.

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