The harrowing experience of an Italian man kidnapped and tortured in Manhattan for his bitcoin underscores the increasing violence associated with cryptocurrency theft, particularly through so-called “wrench attacks.” As digital currencies gain mainstream traction, criminals are shifting to these violent methods, leveraging the ease of transferring stolen assets without physical barriers. This incident reflects a broader trend, highlighting the need for enhanced security measures, including multi-approval wallets and anonymity strategies, to protect crypto holders from similar threats.
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2 NYPD detectives employed by suspect in crypto torture case under investigation: Sources
Two NYPD detectives were placed on modified duty following revelations of their connections to a Manhattan townhouse where an Italian businessman was allegedly tortured by two crypto suspects over a bitcoin password. One detective, who had been working off-duty security for one of the suspects, transported the victim to the townhouse, where he was subjected to severe abuse before escaping. The detectives are under investigation for their employment with the suspects, while the accused, John...
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