The post Kidnapped, Tortured, Stabbed For Bitcoin appeared on BitcoinEthereumNews.com. An attacker violently robbed a Tel Aviv resident of nearly $600,000 worth of cryptocurrencies in his home.  The victim was bound and tortured until he surrendered the passwords to his digital wallets. The perpetrator has since been arrested and charged with the crime.  Sponsored Sponsored Violent Crypto Robbery Shocks Israel Israel experienced one of its most violent crypto-related crimes last month after three suspects followed a man home, bound him, and tortured him until he surrendered his Bitcoin, stablecoins, and crypto wallets.  Murad Mahajna, a Tel Aviv resident and the main suspect, allegedly planned to rob a Herzliya resident after learning the victim owned Bitcoin. According to reports, on September 7, Mahajna and two other suspects waited at the entrance of the victim’s apartment.  When the victim arrived, the three forced him inside. The charges state that once inside, they tied his hands behind his back with a cable and beat him. When the victim refused to open his digital wallets, one of the attackers allegedly stabbed him twice.  At that moment, the victim surrendered his belongings. According to reports, the robbers stole a significant amount of cryptocurrency, totaling $547,260 in Bitcoin and about $42,248 in USDT. They also took a Rolex watch valued at approximately $50,000, a Trezor crypto wallet, a laptop, about €5,000 in Euros, and several thousand shekels in cash. Sponsored Sponsored Mahajna was arrested three days later. Wrench Attacks Rise with Bitcoin Prices With several incidents recorded, 2025 has become the worst year for cryptocurrency theft.  A recent Chainalysis report revealed that by mid-2025, the amount of cryptocurrency stolen year-to-date was 17% higher than the total stolen during 2022, which was previously the worst year on record. Analysts project that if current rates persist, total stolen funds could top $4 billion by the end of the year.… The post Kidnapped, Tortured, Stabbed For Bitcoin appeared on BitcoinEthereumNews.com. An attacker violently robbed a Tel Aviv resident of nearly $600,000 worth of cryptocurrencies in his home.  The victim was bound and tortured until he surrendered the passwords to his digital wallets. The perpetrator has since been arrested and charged with the crime.  Sponsored Sponsored Violent Crypto Robbery Shocks Israel Israel experienced one of its most violent crypto-related crimes last month after three suspects followed a man home, bound him, and tortured him until he surrendered his Bitcoin, stablecoins, and crypto wallets.  Murad Mahajna, a Tel Aviv resident and the main suspect, allegedly planned to rob a Herzliya resident after learning the victim owned Bitcoin. According to reports, on September 7, Mahajna and two other suspects waited at the entrance of the victim’s apartment.  When the victim arrived, the three forced him inside. The charges state that once inside, they tied his hands behind his back with a cable and beat him. When the victim refused to open his digital wallets, one of the attackers allegedly stabbed him twice.  At that moment, the victim surrendered his belongings. According to reports, the robbers stole a significant amount of cryptocurrency, totaling $547,260 in Bitcoin and about $42,248 in USDT. They also took a Rolex watch valued at approximately $50,000, a Trezor crypto wallet, a laptop, about €5,000 in Euros, and several thousand shekels in cash. Sponsored Sponsored Mahajna was arrested three days later. Wrench Attacks Rise with Bitcoin Prices With several incidents recorded, 2025 has become the worst year for cryptocurrency theft.  A recent Chainalysis report revealed that by mid-2025, the amount of cryptocurrency stolen year-to-date was 17% higher than the total stolen during 2022, which was previously the worst year on record. Analysts project that if current rates persist, total stolen funds could top $4 billion by the end of the year.…

Kidnapped, Tortured, Stabbed For Bitcoin

An attacker violently robbed a Tel Aviv resident of nearly $600,000 worth of cryptocurrencies in his home. 

The victim was bound and tortured until he surrendered the passwords to his digital wallets. The perpetrator has since been arrested and charged with the crime. 

Sponsored

Sponsored

Violent Crypto Robbery Shocks Israel

Israel experienced one of its most violent crypto-related crimes last month after three suspects followed a man home, bound him, and tortured him until he surrendered his Bitcoin, stablecoins, and crypto wallets. 

Murad Mahajna, a Tel Aviv resident and the main suspect, allegedly planned to rob a Herzliya resident after learning the victim owned Bitcoin. According to reports, on September 7, Mahajna and two other suspects waited at the entrance of the victim’s apartment. 

When the victim arrived, the three forced him inside. The charges state that once inside, they tied his hands behind his back with a cable and beat him. When the victim refused to open his digital wallets, one of the attackers allegedly stabbed him twice. 

At that moment, the victim surrendered his belongings. According to reports, the robbers stole a significant amount of cryptocurrency, totaling $547,260 in Bitcoin and about $42,248 in USDT.

They also took a Rolex watch valued at approximately $50,000, a Trezor crypto wallet, a laptop, about €5,000 in Euros, and several thousand shekels in cash.

Sponsored

Sponsored

Mahajna was arrested three days later.

Wrench Attacks Rise with Bitcoin Prices

With several incidents recorded, 2025 has become the worst year for cryptocurrency theft. 

A recent Chainalysis report revealed that by mid-2025, the amount of cryptocurrency stolen year-to-date was 17% higher than the total stolen during 2022, which was previously the worst year on record. Analysts project that if current rates persist, total stolen funds could top $4 billion by the end of the year.

The report noted a concerning trend: personal wallet compromises are now a growing source of theft. This indicates that attackers are increasingly focusing on individual users.

Violent crypto-related attacks are on the rise. Source: Chainalysis.

Data also suggests that “wrench attacks”—where physical violence or threats force crypto holders to surrender funds—correlate with Bitcoin’s price movements. The trend implies that attackers target individuals during periods of high asset value.

Although violent assaults of this nature are relatively uncommon, the fact that they involve physical harm, including severe injury, abduction, and death, significantly increases the human cost and severity of these incidents.

Source: https://beincrypto.com/israel-crypto-kidnapping-torture-bitcoin-theft/

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
ZKP Crypto Presale Auction: 8,000x Returns Slipping Away with Each Burned Coin

ZKP Crypto Presale Auction: 8,000x Returns Slipping Away with Each Burned Coin

Zero Knowledge Proof (ZKP) operates a 450-day crypto ICO, burning unsold coins each day. Supply drops through phases, plus a strong deflationary design might create
Share
coinlineup2026/01/23 01:00