Stuff Happening in India – Businessman Kidnapped For Bitcoin

Nine police officers were recently arrested in India because they allegedly extorted money AND bitcoins from a local businessman. Online magazine QZ.com writes that the total sum was almost 50 thousand dollars in cash and 200 bitcoin, which at the time of the robbery was worth almost 140 thousand dollars.

Lately there are things happening in India. In March there was 17 thousand dollars worth of bitcoins stolen from a jewelry dealer. And just yesterday we wrote about Coinsecure hacking, where CSO went YOLO/full-rogue and cleaned out company’s bitcoin wallet.