Russian gang faces jail for stealing blogger's crypto

A group of seven Russians is accused of robbing a crypto blogger of $42,000 in cryptocurrency, along with cash and luxury watches, in a violent home invasion. Prosecutors say the suspects could face up to 15 years in prison for the organized crime. The incident highlights a rising trend of attacks on cryptocurrency holders in Russia.

On July 9, 2025, two women posing as delivery couriers arrived at the apartment of a Russian blogger. When he opened the door, five men pushed their way inside, assaulted him, and tied his hands, according to prosecutors. The group threatened further violence unless he provided passwords to his mobile phone and apps, including access to his cryptocurrency wallet.

The suspects then drained the wallet, transferring $42,000 worth of crypto to an unidentified address. Prosecutors did not specify the type of cryptocurrency involved. In addition to the digital assets, the gang stole two luxury watches valued at $26,000, $4,000 in cash, and other items totaling $33,000 in value.

The seven suspects—five men from Zhigulevsk, a town 300 kilometers south of Kazan, and two women from Kazan—will face charges of “an organized robbery on an especially large scale.” They allegedly acted on instructions from an unidentified mastermind, prosecutors stated.

This case comes amid increasing attacks on crypto holders in Russia. In November, a court in Ryazan sentenced two men to more than eight years each in maximum-security colonies for stealing $171,000 in coins from another blogger at knifepoint. Such incidents underscore the growing risks for cryptocurrency owners worldwide, though prosecutors emphasized the organized nature of this robbery.

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Police raid and arrests in a €600 million cryptocurrency scam bust across Europe, showing seized assets and suspects.
Picha iliyoundwa na AI

Nine arrested in Europe over €600 million crypto scam

Imeripotiwa na AI Picha iliyoundwa na AI

European authorities have arrested nine suspects in a multinational operation targeting a cryptocurrency investment fraud network that stole at least €600 million from victims. The late October sweep involved agencies from several countries and resulted in the seizure of cash, cryptocurrency, and luxury items. Victims were lured through deceptive online tactics but could not recover their funds.

Spanish authorities have arrested five individuals accused of murdering a man and kidnapping his partner during a cryptocurrency theft in southern Spain. The incident occurred in April, leading to the man's death and the woman's eventual release. Four others face charges in Denmark for related offenses.

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Following initial arrests reported last week, Spanish authorities have charged four more suspects in Denmark, fully dismantling a criminal network behind the April kidnapping and murder of a crypto holder near Málaga. The operation highlights rising 'wrench attacks' on digital asset owners.

North Korean hackers stole a record $2.02 billion in cryptocurrency in 2025, according to a new Chainalysis report, surpassing the previous year's haul by 51 percent and bringing their total to $6.75 billion. The thefts, which accounted for 60 percent of the global total of $3.4 billion stolen, were driven by fewer but larger attacks, including a $1.5 billion breach of the Dubai-based Bybit exchange in February. Experts attribute the success to sophisticated tactics like embedding IT workers in crypto firms and impersonating recruiters.

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Following the 2022 LastPass data breach, blockchain firm TRM Labs has tied over $35 million in stolen cryptocurrency to Russian cybercriminals, detailing sophisticated laundering via mixers and exchanges persisting into late 2025.

New details emerged in the Brooklyn case against 23-year-old Ronald Spektor, indicted for a $16 million cryptocurrency theft scam: Prosecutors say he gambled away $6 million of the funds, traveled the US to evade capture, and planned to flee abroad. His father is now under investigation, with court resuming January 6.

Imeripotiwa na AI

Physical assaults known as wrench attacks against cryptocurrency holders are increasing in number and severity, according to recent analyses. These incidents correlate with fluctuations in crypto market values, prompting calls for enhanced personal security measures. While overall risks to individual holders may be decreasing, the trend highlights vulnerabilities in self-custody practices.

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