Criminals Are Reportedly Abducting the 'Cryptorich' to Steal Their Bitcoin


Groups of criminals around the world are targeting people known to be in possession of large amounts of cryptocurrencies like Bitcoin. Their modus operandi usually involves abduction, which is followed by demands of ransom often about $1 million.  
Although there are security methods that are being put in place to safeguard cryptocurrencies owner, there is still much to be done as the threat may grow bigger. 

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Interesting. So here are the details of a botched crypto currency kidnapping. http://fortune.com/2018/02/01/bitcoin-kidnapping-cryptocurrenccy/

Which leads me to an interesting question that the law has yet to figure out: Crypto coins have been rising in value significantly. In the event of kidnapping and theft of cryptocoin, assuming the value has increased in value whilst in the kidnappers hands, who does the increase in proceeds belong to?

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Just like high seas pirates adapt to changing security environments, these new kidnappers are making things easier for themselves. No more 'drop-offs' that risk exposure. 

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