A Russian gang of nine individuals has been implicated in the kidnapping and extortion of a Ukrainian national in Bali. The victim was reportedly ambushed and forced to transfer approximately Rp 3.4 billion (around $200,000) in cryptocurrency from his Binance account. One member of the gang has been arrested, while eight others remain at large. The incident has drawn attention from local authorities, including Ni Luh Djelantik, a member of the Regional Representative Council (DPD). This case highlights the ongoing issue of international crime involving cryptocurrency, as evidenced by similar cases in other regions, including a recent sentencing of a British gang for extorting $124,000 from a victim through threats and kidnapping.
[THE BLOCK] Crypto gang jailed for over 76 years after kidnapping and torture in a $124,000 extortion plot
A Russian gang of 4 men ambushed a Ukrainian on the road in Bali. The victim was kidnapped and beaten until he handed over $200,000 in cryptocurrency from his Binance account. The gang leader was arrested a month later trying to flee to Dubai. https://t.co/zx9PEO92KN https://t.co/OosmOov6JO
⚖️ A Manchester court has sentenced seven members of a British gang who repeatedly threatened, kidnapped, and extorted #crypto from an investor at least five times, resulting in total losses of $124K. The threats began in January 2023, with the criminals confronting the victim… https://t.co/k9JVSpKe3X