February 16, 2018 |
Cryptocurrencies promise to make all kinds of payments easier, including, it now appears, paying a ransom.
In December the New York District Attorney announced an arrest in a kidnapping.
“This case demonstrates the increasingly common intersection between cyber and violent crime — the defendant is charged with coordinating an elaborate kidnapping, armed robbery, and burglary to gain access to the victim’s digital wallet and the significant funds it contained,” said New York District Attorney Cyrus Vance, Jr.
The story could end up an episode of “Law & Order” before long.
“It all began in a Ruby Tuesday’s restaurant in Times Square, where [Louis] Meza met his victim, a business associate, who had earlier disclosed he was an early investor in Ethereum,” reported Fortune.
“On leaving the restaurant, Meza told his associate he had hired an Uber minivan to transport him home.”
The Uber turned out to be a ruse. A gunman was hiding in the vehicle.
The victim lost his phone, apartment keys and the password to his cryptocurrency wallet. Meza used the keys to steal the wallet, a Ledge Nano S, from the apartment, so he could transfer the coins to his own account.