Recently, there have been frequent incidents of kidnapping and ransom in the encryption field, and cryptocurrency traders are becoming the targets of criminals.

Cryptocurrency traders are being targeted for kidnapping and extortion on January 5, highlighted by several cases reported in recent weeks. French police recently rescued a man in the trunk of a car in Le Mans after the kidnappers demanded a ransom from his son, a cryptocurrency KOL who lives in Dubai. The incident occurred on the night of January 1, when Le Mans police intercepted a stolen vehicle at a petrol station. Upon opening the trunk, they found a 56-year-old man covered in gasoline. The victim said masked assailants broke into his home on New Year's Eve and kidnapped him and his wife. In Pakistan, on January 3, seven people, including a counterterrorism officer, were arrested for kidnapping a local cryptocurrency trader. The victim was kidnapped on December 25 in Manhopil, Karachi, where the kidnappers forced him to transfer $340,000 through a CEX account and then dumped him. Last December, 24-year-old Catherine Colivas, with the help of three accomplices, kidnapped a member of the Saudi Arabian royal family and threatened to cut off his fingers, forcing him to pay $40,000 in BTC. Although the woman has pleaded guilty, she is not in prison. And Toronto police are still investigating the kidnapping of Dean Skurka, CEO of Canadian cryptocurrency exchange WonderFi. Skurka was kidnapped in downtown Toronto during rush hour on November 6 last year and was released after paying a $1 million ransom electronically.