CryptoNews

British Crypto Trader Held Hostage in Spain, Escapes Before Police Raid

Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a customer for a crypto wallet code, instead alerting a friend in London. His friend informed the victim’s mother, who contacted authorities, triggering a rapid operation. Police had already located the Estepona apartment where he was held when the victim fled by leaping from a 30-foot balcony, breaking his ankles. Officers intercepted the suspects as they attempted to escape in an Audi, seizing over €10,000, two firearms, three knives, 25 grams of pink cocaine, and other valuables. The arrested men, with prior UK criminal records, were remanded in custody. Authorities believe the kidnappers targeted the victim after learning of his crypto dealings during a chance meeting in Marbella.

Source: Bitcoin

Related posts
NewsPhotography

Sony World Photography Awards 2026 announces judges and London exhibition dates

NewsPhotography

This stunning photo of Belgrade was captured with a compact camera setup – the Fujifilm X-T30 and 23mm lens

Cleantech & EV'sNews

Rivian's super secret e-bike startup keeps dropping strange, cryptic teasers

Cleantech & EV'sNews

Rivian breaks ground on the Georgia factory where it plans to build R2 and R3

Sign up for our Newsletter and
stay informed!