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South Africa Kidnappers Demand Ransom In Bitcoin To Free Teenager

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South Africa kidnappers demand ransom in bitcoin to free teenager

South Africa Kidnappers Demand Ransom In Bitcoin To Free Teenager

A criminal gang in South Africa who kidnapped a teenage boy on Sunday are demanding a ransom in bitcoin crytocurrency of nearly $120,000, police said.
Katlego Marite, 13, was dragged into a car while playing with two friends near his home in Witbank, a town in the eastern province of Mpumalanga, on Sunday afternoon, police spokesman Leonard Hlathi said.

“They demanded that the family should deposit a sum of 15 bitcoins, not in rands,” he told news channel eNCA.
“ They demanded that the family should deposit a sum of 15 bitcoins, not in rands. ”

Clueless parents decry demand for bitcoins
“(The parents) don’t even know what these bitcoins are. They are not dealing in those things. They are in tatters as we speak.”


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Although police in South Africa have reported a recent rise in kidnappings, the ransom demand in cryptocurrency appears to be a first.

In December, kidnappers in Ukraine received a ransom worth more than $1 million in bitcoins for releasing their victim, an employee of a British cryptocurrency exchange.



Uzonna Anele
Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

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