S African Crypto Trader Tortured into Giving Up $60,000 in Bitcoin

While cryptocurrency-related crime generally takes place in the cyber realm, a group of crypto criminals in South Africa decided to adopt a more ‘hands-on’ approach. A crypto trader in South Africa found himself drugged, beaten, and robbed of 800,000 rand (approximately $60,000) worth of Bitcoin, as reported by local news source Soweto Urban.

The victim, referred to as Andrew, claims he met a man on Facebook (NASDAQ:FB) who invited him to give a presentation on Bitcoin in Ntuli Street in Meadowlands Zone Five on November 16. After entering the premises, he was allegedly approached from behind and rendered unconscious with a drug-infused cloth clamped over his …

This article appeared first on Cryptovest

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