Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

A cryptocurrency investor fell victim to unidentified assailants in Moscow who reportedly disfigured him and stole over $1 mln worth of Bitcoin, today, Feb. 23, according to local crypto journal Forklog.

According to Forklog, the victim, who has not been named, was in the southern district of the Russian capital when a group of muggers stopped him and demanded he transfer his holdings.

When he refused, they “mutilated his face with a knife” before he surrendered his collection of around 100 BTC, approximately $1,020,000 at press time, according to the publication.

The incident comes just weeks after robbers targeted a well-known YouTube blogger in St. Petersburg, assaulting him and stealing possessions including funds worth $425,000 from a safe.

The unknown Moscow victim is currently receiving medical attention while police attempt to ascertain the sequence of events, according to Forklog.

Security issues surrounding ownership of and even interaction with cryptocurrency continues to fall under the spotlight in both Russia and neighboring states. The Ukrainian Security Service raid of the Odessa office of Forklog itself in December 2017 highlighted the potential for even authorities to indulge in criminal activity, while the abduction of EXMO exchange CEO Pavel Lerner in Kiev in December only ended after payment of a $1 mln ransom.

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