NFT News Daily TheBittimes.com

A father-son duo handed themselves over to Hong Kong police on Wednesday after their family car was linked to the kidnapping of a crypto investor .   According to the South China Morning Post, the 55-year-old crypto investor was reportedly taken from her car by four captors and bundled into the back of the car on Tuesday. She was with her husband at the time, but he was reportedly attacked with a stun gun when he tried to intervene.  A source familiar with the case told the SCMP on Thursday that a 70-year-old businessman and his 30-year-old son were arrested at Tai Po Police Station the next day. They told SCMP that the businessman invested HK$15 million ($1.9 million) in crypto 18 months ago through the kidnapped woman.  Kidnapped businessman kept in cage by bitcoin ransom gang Read more: Bitcoin podcaster secretly records Coinbase scammer’s confession According to the source, after investing, the businessman was apparently unable to retrieve his money o...

A $144 million Bitcoin transaction has been uncovered linked to the defunct Abraxas darknet market, which shut down in 2015. Blockchain analyst ZachXBT has uncovered a mysterious transaction involving 4,800 BTC, equivalent to roughly $144 million. The wallet in question has been linked to the Abraxas darknet market, an underground trading platform that ceased operations under mysterious circumstances in November 2015, clearing out all user funds. The linked wallet consolidated the BTC into a single transaction before depositing the funds into a Bitcoin mixer, a method that obscures the origins of cryptocurrency to make transactions untraceable. An entity moved ~4800 BTC ($144M) originating from Abraxas darknet market which exit scammed in Nov 2015 after previously sitting dormant. They consolidated funds and also deposited to a bitcoin mixer. This graph shows an example of the movements from one of the addresses. pic.twitter.com/zVBSs6mrc4 — ZachXBT (@zachxbt) October 23...