Crypto kidnapping in London ends with five convictions

Two French crypto investors have been held captive in London for more than 52 hours in a kidnapping and extortion case that ended with five men convicted after the victims were forced to transfer $30,000 in cryptocurrency. Summary Five men were convicted after two French crypto investors were held captive in London for more than 52 hours and forced to transfer $30,000 in cryptocurrency. Prosecutors said the victims were tortured and threatened during the ordeal, while the alleged mastermind remains at large. Police rescued the victims after tracing a forgotten mobile phone and arrested several suspects following a high speed chase. The Daily Mail, citing proceedings at Inner London Crown Court, reported that the two French cryptocurrency investors, both in their 20s, were abducted while visiting London and subjected to more than two days of confinement, violence and threats before officers from the Metropolitan Police’s Flying Squad rescued them. Prosecutors told the court the victims’ lavish lifestyle, much of it documented on social media, may have drawn the attention of the group behind the attack. The prosecution argued that their public online presence made them attractive tar...