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South Africa kidnappers make ransom demand in bitcoin

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A gang that kidnapped a South African teenager from a playground on the weekend have demanded a ransom in bitcoin worth about $123,000, police have said.

The 13-year-old boy was taken inside the metropolis of Witbank inside the jap province of Mpumalanga whereas he was participating in with two buddies near his dwelling. Witnesses said a Toyota Corolla pulled up shut by and was dragged in and pushed away.

“We’re investigating a case of kidnapping that occurred on Sunday in Witbank. There was a requirement that was made that the mom and father should deposit cash in bitcoins,” the police spokesman Leonard Hlathi said on Tuesday. Native media said the ransom discover was left on the scene.

“This generally is a kidnapping … We demand ransom of 15 bitcoins to be paid into the below bitcoin pockets take care of to secure your child’s safe launch – non-negotiable,” the discover reportedly be taught.

The first deadline for price of part of the ransom handed on Monday night. Inside the discover, the abductors threatened to kill the boy if their requires weren’t met. A police official said boy’s mom and father had been “going by the use of trauma”.

“They don’t even know what this bitcoin is. They’re devastated and you may even see they’re nervous and asking themselves: ‘The place’s our son?” native mediaquoted the official as saying. The boy’s mother made an emotional attraction on Tuesday, pleading with the abductors to “ship once more [her] son”.

Police in South Africa have reported a contemporary rise in kidnappings, although it’s usually wealthy businesspeople who’re centered. The most recent case appears to be the first ransom demand in made for a cryptocurrency inside the nation.

In December 2017, an employee at a cryptocurrency change in Ukraine was launched by kidnappers after a ransom of larger than $1m worth of bitcoins was paid.

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