Armed robbers in Thailand, the place Devcon is about to be held, stole $250,000 from a Ukrainian crypto consumer on Monday, Nov. 11.
Viacheslav Leibov, a Ukrainian nationwide, was robbed of 1 / 4 million {dollars} value of Tether (USDT) whereas visiting mates in Thailand. Home media reported that the crypto consumer was tied with cables and compelled to switch stablecoins.
The robbers threatened Leibov to not contain the police earlier than leaving him in a Phuket lodge room. Leibov later freed himself and reported the incident to native authorities, offering a minimum of two suspect names to regulation enforcement.
Tales of crypto theft have emerged worldwide, with unhealthy actors and criminals focusing on crypto customers bodily to steal their belongings. Final week, WonderFi CEO Dean Skurka was kidnapped in downtown Toronto and solely launched after paying a $1 million ransom in cryptocurrencies.
Malaysian police investigated 4 suspects related to a $1.2 million crypto kidnapping in August. Hong Kong authorities arrested two kidnappers over a $660,000 USDT ransom, crypto.information reported in July.
The crypto neighborhood has turn out to be more and more alert to the rising variety of real-life thefts in crypto-friendly areas. Convention attendees have been suggested to journey and transfer in teams as a precaution towards potential assailants.
Leibov’s case reignited these marching orders for crypto contributors en path to Bangkok for Devcon, one of many largest annual Ethereum (ETH) gatherings. Phuket, the place Leibov was robbed, is lower than two hours by flight from Thailand’s capital.


