A Canadian crypto forum moderator is in hiding after being targeted by kidnappers demanding his Bitcoin. The victim, who hasn’t been named, described a violent plot to torture him for his digital assets. He has been moving between Airbnb locations to avoid detection, demonstrating the seriousness of the threat he faces.

The incident reflects an increase in cryptocurrency-related crimes, including robberies and kidnappings. Despite some arrests, suspects are free on bail awaiting trial. This trend heightens the urgency for security measures and vigilance within the digital currency community to protect assets and personal safety.