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Coin Edition 2025-05-27 08:15:00

Binance Report Uncovers Shocking US Lead in Crypto Abduction Cases

The U.S. leads globally in crypto-related kidnappings with 48 cases since 2019. France sees a spike in 2025 incidents targeting crypto-linked individuals and families. Rising trend of physical threats highlights the need for personal security in the crypto sector The United States has recorded the highest number of crypto-related kidnappings globally since 2019, outpacing other regions despite heightened concern in Europe, a recent Binance report indicates. This marks a disturbing trend where criminals are increasingly turning to physical violence to steal digital assets, a shift from the long-standing dominance of cyberattacks. Individuals suspected of holding or managing cryptocurrencies are prime targets. Indeed, law enforcement agencies worldwide are reporting a surge in threats that involve abduction and coercion, typically aimed at forcing victims to give up access to their private wallets and recovery phrases. North America, Europe Hotspots for Crypto Abductions; Asia Also Reports High Numbers North America has reported 48 crypto-related abductions over the past six years, placing the United States at the top of the global list. Europe follows wi… The post Binance Report Uncovers Shocking US Lead in Crypto Abduction Cases appeared first on Coin Edition .

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