Five Convicted in Shocking 52-Hour Crypto Kidnapping and Extortion Case

TL;DR

• Five men were convicted after two French crypto millionaires were abducted, restrained and tortured for 52 hours in an east London flat.
• The attackers demanded $150,000, received $30,000 in cryptocurrency and released one victim while allegedly transferring the other for further extortion.
• Police traced the gang through a forgotten phone, but alleged organizer Ibrahim Mohamed remains free as crypto-related physical attacks continue rising sharply across several jurisdictions worldwide.

Five men have been convicted at Inner London Crown Court after two French cryptocurrency millionaires were held and tortured for 52 hours in an east London flat. The victims, both in their 20s, were abducted after parking a rented Mercedes in Shadwell, where masked attackers carrying a gun and knife forced them back into the vehicle. The case turned visible crypto wealth into the basis for an exceptionally violent ransom operation. Prosecutors said the pair may have attracted attention through publicly extravagant lifestyles, exposing how online displays of success can create dangerous physical targets.

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