crypto torture, NYPD detectives
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Reform UK, cryptocurrency
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The recent case of an Italian tourist who was kidnapped in New York City and tortured by people allegedly after his cryptocurrency is drawing attention to a rash of crimes dubbed "wrench attacks," which combine cybertheft with old-fashioned thuggery.
An alleged kidnapping in New York is the latest instance in which authorities say cryptocurrency-related crimes have involved real-world violence.
Insurance companies are spinning up services to cater to cryptocurrency companies and their executives. A recent string of horrific assaults and kidnappings targeting people rich in cryptocurrency is heightening fears among investors about their physical safety — and insurance companies are hoping to cash in.
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A new generation of crypto ETFs that allow investors to earn yield — not just bet on prices — looked poised for their Wall Street debut.
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
John Woeltz, 37, and William Duplessie, 33 -- face kidnapping, assault and unlawful imprisonment charges in the case.
European Central Bank policymaker and Bank of Italy Governor Fabio Panetta called on Friday for close monitoring of the reputational risks banks face in providing crypto-asset services, warning that losses could harm the trust of customers.