A court in Belgium has sentenced three individuals to 12-year prison terms for kidnapping the wife of a local cryptocurrency entrepreneur in December 2024.
The kidnappers demanded a ransom in digital assets, underscoring concerns about the intersection of financial technology and physical security.
The court ruled in favor of the victim, ordering the convicted individuals to pay a civil compensation of at least €1 million. The case remains open with the masterminds behind the crime still unidentified.
The incident has had a significant impact on the victim's family and the crypto community, leading the entrepreneur to adjust his public activities and prioritize safety over public demonstrations.