Suspected of stealing approximately 10.4 Bitcoin (BTC); five Russians detained

Five people have been jailed in Russia on charges of kidnapping a 22-year-old programmer in Ivanovo and stealing approximately 10.4 BTC, with total losses including cash and electronics exceeding 84 million rubles, according to Baza Media. The victim was seized on September 6 while heading to a store, handcuffed, and taken to a garage, where the attackers targeted him after reviewing his social media posts showing Ferraris, BMWs, Mercedes vehicles, and overseas travel that suggested he was wealthy. The suspects, from different regions, face kidnapping and robbery charges. The case highlights growing physical security risks for cryptocurrency holders in Russia, where "crypto wrench attacks" targeting visible wealth have been rising. Watch for further details on how the attackers accessed the victim's bitcoin and whether the funds are recovered.