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    Home»Markets»Investor Kidnapped, Pushed to Distant Desert and Robbed of $4,000,000 in Cryptocurrency by Youngsters: Report – The Every day Hodl
    Investor Kidnapped, Pushed to Distant Desert and Robbed of ,000,000 in Cryptocurrency by Youngsters: Report – The Every day Hodl
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    Investor Kidnapped, Pushed to Distant Desert and Robbed of $4,000,000 in Cryptocurrency by Youngsters: Report – The Every day Hodl

    By Crypto EditorMay 12, 2025No Comments3 Mins Read
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    Three youngsters are being accused of kidnapping a rich investor after which stealing $4 million in digital belongings after driving him to a desert outdoors of Las Vegas.

    Court docket information present that Belal Ashraf and Austin Fletcher, each 16, at the moment are dealing with prices of theft, kidnapping and extortion, whereas a 3rd yet-named confederate stays at giant, experiences native CBS-affiliate 8 Information Now.

    A juvenile courtroom choose beforehand dominated that Ashraf and Fletcher, each from Florida, will face prices as adults. Prosecutors say the third teenager is not within the US.

    In keeping with courtroom paperwork, the incident occurred in November and was reported to police by the unnamed sufferer, who was internet hosting a cryptocurrency occasion in downtown Las Vegas.

    When he returned to his house from the occasion, the three suspects allegedly approached him after he parked his automotive and compelled him into the again seat of their car, the place they held him at gunpoint.

    Says courtroom paperwork,

    “[The victim] was informed if he complied, he would reside to see one other day, and if he didn’t comply, they’d his dad and would kill him. [The victim] had a towel positioned over his head and was informed by the suspects not to have a look at them.”

    The youngsters allegedly demanded that the sufferer give them his passwords to entry his monetary accounts, enabling them to allegedly make off with $4 million in cryptocurrency and non-fungible tokens (NFTs).

    The three youngsters are accused of driving the sufferer about an hour away from Vegas to White Hills, Arizona, the place they allegedly left the sufferer after stealing his crypto.

    The person walked 5 miles throughout the desert to succeed in a gasoline station the place he known as a pal to choose him up, in accordance with courtroom paperwork.

    Police say they had been in a position to observe down the suspects by honing in on a potential suspect’s car touring from Florida to Nevada, which was additionally noticed across the sufferer’s house.

    Court docket proceedings towards the 2 teenagers are ongoing.

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    Investor Kidnapped, Pushed to Distant Desert and Robbed of $4,000,000 in Cryptocurrency by Youngsters: Report – The Every day Hodl

    Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you might incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate marketing online.

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