ZachXBT Helped Freeze $800K After French Streamer's Dad Was Kidnapped in Crypto Ransom Plot
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ZachXBT Helped Freeze $800K After French Streamer's Dad Was Kidnapped in Crypto Ransom Plot
"The kidnapping took place in August 2023 in Sarthe, where attackers posed as Amazon delivery workers to approach the victim before forcing him into a vehicle. Once in captivity, TeufeurS's father was filmed at gunpoint, and footage was sent directly to the streamer to compel a ransom payment."
"ZachXBT disclosed the details in a post on X, noting the case had been kept private until now due to its sensitivity. Working alongside the Binance Security team, he traced the ransom funds onchain and coordinated a freeze of roughly $800,000."
"The TeufeurS case is part of a broader pattern of violent crypto-linked crime targeting high-profile holders in France. The country has seen a series of incidents involving digital asset holders and public figures."
In 2023, French streamer TeufeurS's father was kidnapped by attackers posing as Amazon delivery workers in Sarthe, France. After paying a $2 million ransom, ZachXBT and Binance Security managed to freeze approximately $800,000 of the ransom funds. The case, initially kept private due to its sensitivity, has led to the arrest of six suspects. This incident reflects a growing trend of violent crimes linked to cryptocurrency, particularly targeting high-profile individuals in France.
Read at news.bitcoin.com
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