$1 Million Bitcoin Ransom Reportedly Paid for Kidnapped EXMO Executive

5 months ago admin2 Comments Off on $1 Million Bitcoin Ransom Reportedly Paid for Kidnapped EXMO Executive

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.

On December 26, 40-year-old IT specialist and bitcoin exchange executive Pavel Lerner was kidnapped in Kiev, Ukraine. He was reportedly forced into a Mercedes-Benz Vito by unknown assailants wearing dark clothes and balaclavas. Lerner, a leading analyst at cryptocurrency exchange EXMO, stopped answering the phone after leaving the company’s offices.

Speaking to Reuters, Anton Gerashchenko, an advisor to the Ukrainian Interior Minister Arsen Avakov, stated that Pavel Lerner was released after a $1 million bitcoin ransom was paid. Per his words, it seems either Pavel Lerner or EXMO paid the ransom, but at this point it’s unclear who actually did it. Per a statement EXMO released, Pavel didn’t have access to the financial assets of users, and the platform kept operating normally.

Notably, Gerashchenko added that this is the “first such case in Ukraine linked to bitcoin,” a potential hint at just how big cryptocurrencies are becoming. Kiev police begun investigating the crime on December 26, and so far it has only admitted it launched a criminal investigation after a man was kidnapped in the Obolon district, without revealing the victim’s name.

After Lerner was found alive and safe, EXMO revealed he was in a “state of major stress” and as such wouldn’t provide any official comments in the coming days. In its statement, the cryptocurrency exchange, which currently has a $194 million trading volume and lists crypto to Russian ruble trading pairs, thanked the cryptocurrency community for its support. The statement reads:

“EXMO team is deeply grateful to the cryptocurrency community and the media for their active support. We promise to timely provide any updates on the situation.”

It notes, however, that ”the story of Pavel’s abduction has overgrown with rumors that might tamper with the official investigation,” and as such currently “refrains from any comments or suggestions of own versions of the possible scenario, in the nearest future.”

Featured image from Shutterstock.

Follow us on Telegram.



Related Posts

$8,000: Goldman Sachs’ Analyst Predicts Bitcoin Price Gains

admin2 7 months ago
Sheba Jafari, Goldman Sachs’ chief technician, believes bitcoin could reach close to $8,000, according to a message sent to the company’s clients on Monday, reported Business Insider. Source: Coinmarketcap.com... Read More

Bitcoin Price Achieves New All-Time High at $7,800, as SegWit2x is Canceled

admin2 7 months ago
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Earlier today, on November 8, BitGo CEO Mike Belshe announced the end of SegWit2x on the... Read More

Facebook’s David Marcus to Lead New Blockchain Research Unit

admin2 2 weeks ago
Social media giant Facebook is launching a team dedicated to exploring blockchain technology. The initiative will be spearheaded David Marcus, who has served as the company’s vice president for... Read More

Lightning Labs Chief: We’re Entering a ‘Bitcoin, not Blockchain’ World

admin2 2 months ago
Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. The tables have turned on bitcoin doomsayers. This according to Elizabeth Stark, co-founder of... Read More