Authorities in the Netherlands are examining the ruthless abuse of a bitcoin trader, whose house was robbed by wrongdoers searching for cryptocurrency.
3 burglars camouflaged as cops got in the victim’s house in Drenthe and assaulted him with a drill in front of his four-year-old child, Dutch publication De Telegraaf reported.
The hour-long experience likewise included the victim being threatened with guns, prior to the wrongdoers ran away in an escape lorry. The digital nature of bitcoin and other cryptocurrencies suggest long and intricate passwords– or personal secrets– are needed to gain access to possessions and move them to another digital wallet.
We’ll inform you what holds true. You can form your own view.
From. 15 p EUR0.18 $ 0.18 USD 0.27
a day, more exclusives, analysis and additionals.
Authorities did not expose the identity of the victim however it is not thought any cryptocurrency was taken throughout the raid.
A representative for Northern Netherlands Authorities informed The Independent that the examination is continuous.
It is not the very first time wrongdoers have actually targeted cryptocurrency financiers and traders, with the earliest reported circumstances occurring in 2015.
In February of that year, New york city City firemen Dwayne Richards was stabbed in Willamsburg, Brooklyn, by thugs who required he moved bitcoin to their digital wallets.
Bitcoin, which is presently worth around $3,800(₤ 2,800), is semi-anonymous and for that reason challenging to trace to a single person.
Considering that its peak in late 2017, bitcoin has actually lost near to 3 quarters of its worth, yet still stays an appealing possibility for wrongdoers.
After surging towards $9,300 yesterday, Bitcoin’s bulls have once again surrendered to bears, leading BTC to plummet back below its key support level at $9,000. This overnight movement has once again led the cryptocurrency back down to its previous support level at $8,700, and it is showing few signs of having any strength at the…
The Bakkt platform has just announced that it will now allow any institutions to use its Bitcoin custody solution. Previously, only those trading the platform’s Bitcoin futures contracts had access to the Bakkt Warehouse. The news comes as Bakkt futures look on track to set another all-time high. After a rather dismal start to trading…
Fractals are repeating patterns that are commonly found all throughout nature but also playing out on the price charts of financial assets like Bitcoin and other cryptocurrencies. One prominent crypto trader has pointed out that the current price action playing out on lower timeframes appears to be a fractal of weekly price action, but even…
The altcoin known as Stellar (XLM) has been among the top ten list of crypto assets by market cap for some time, but has been among the least hyped of the bunch since the bear market first began in 2018. That all may change, soon, as the crypto asset may be poised for as much…
While Bitcoin (BTC) is around 17% lower than its local top of $10,500 established late in October, many analysts have concluded that the bull case for the cryptocurrency market is brewing once again. In fact, an analyst recently floated a prediction that the BTC price could reach as high as $11,500 in a few weeks’…