Zip Ties, Sleeping Pills and Pepper Spray: Canadian Crypto Millionaire Targeted in Foiled Madrid Kidnapping

A Canadian cryptocurrency entrepreneur was the target of a foiled kidnapping attempt on a busy Madrid street after leaving a restaurant. Three men pepper-sprayed him and forced him into a van equipped with zip ties and sleeping pills, intending to extract his crypto passwords and steal his luxury watch. Alert pedestrians called the police, who tracked the van and arrested two Serbian suspects, though one remains at large. The victim managed to free himself from the zip ties while the suspects were detained and sought hospital treatment. Investigators believe the kidnappers had followed the businessman from Barcelona and planned to transport him to Alicante, highlighting a growing trend of physical attacks targeting cryptocurrency holders for direct access to digital assets.

(Source：Bitcoin Magazine)