A 33-year-old Canadian cryptocurrency entrepreneur was kidnapped in Madrid, Spain; two suspects have been arrested.
ChainCatcher news, according to market sources, a kidnapping case aimed at stealing BTC and cryptocurrency private keys recently occurred in Madrid, Spain. A 33-year-old Canadian cryptocurrency business owner was forcibly pushed into a rented van with a tampered license plate by several men. Witnesses immediately called the police, and the Spanish National Police intercepted the vehicle near Atocha station, successfully rescuing the victim. Two Serbian suspects, aged 32 and 45, were arrested on the spot, while another suspect remains at large.
According to police investigation, the kidnapping was a premeditated operation. The victim had previously traveled from Barcelona to Madrid for financial business negotiations and was suspected of being tracked by the suspects in advance. The suspects intended to use physical coercion to force the victim to hand over the mnemonic phrase and private keys of his cryptocurrency wallet. This method is known in the security field as a "wrench attack." Police found plastic zip ties and pills, among other tools, inside the vehicle. Additionally, the suspects attempted to steal a luxury watch worth 100,000 euros from the victim. The victim did not suffer serious injuries, and the case is still under investigation.
This case is one of a series of personal attacks targeting cryptocurrency holders in Europe in 2026, with France having recorded 11 related cases this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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