Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Investor Kidnapped, Driven to Remote Desert and Robbed of $4,000,000 in Cryptocurrency by Teenagers: Report
    Cryptocurrency

    Investor Kidnapped, Driven to Remote Desert and Robbed of $4,000,000 in Cryptocurrency by Teenagers: Report

    May 12, 20253 Mins Read


    Three teenagers are being accused of kidnapping a wealthy investor and then stealing $4 million in digital assets after driving him to a desert outside of Las Vegas.

    Court records show that Belal Ashraf and Austin Fletcher, both 16, are now facing charges of robbery, kidnapping and extortion, while a third yet-named accomplice remains at large, reports local CBS-affiliate 8 News Now.

    A juvenile court judge previously ruled that Ashraf and Fletcher, both from Florida, will face charges as adults. Prosecutors say the third teenager is no longer in the US.

    According to court documents, the incident occurred in November and was reported to police by the unnamed victim, who was hosting a cryptocurrency event in downtown Las Vegas.

    When he returned to his apartment from the event, the three suspects allegedly approached him after he parked his car and forced him into the back seat of their vehicle, where they held him at gunpoint.

    Says court documents,

    “[The victim] was told if he complied, he would live to see another day, and if he did not comply, they had his dad and would kill him. [The victim] had a towel placed over his head and was told by the suspects not to look at them.”

    The teenagers allegedly demanded that the victim give them his passwords to access his financial accounts, enabling them to allegedly make off with $4 million in cryptocurrency and non-fungible tokens (NFTs).

    The three teenagers are accused of driving the victim about an hour away from Vegas to White Hills, Arizona, where they allegedly left the victim after stealing his crypto.

    The man walked five miles across the desert to reach a gas station where he called a friend to pick him up, according to court documents.

    Police say they were able to track down the suspects by honing in on a possible suspect’s vehicle traveling from Florida to Nevada, which was also spotted around the victim’s apartment.

    Court proceedings against the two teens are ongoing.

    Follow us on X, Facebook and Telegram

    Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

    Check Price Action

    Surf The Daily Hodl Mix

    &nbsp

    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Generated Image: Midjourney



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Cryptocurrency for Beginners: The Only Guide You Need in 2025

    Cryptocurrency

    Indians Using Central Bank Digital Currency Cross 70 Lakh, RBI In “No Hurry” For Rollout

    Cryptocurrency

    Best Crypto Betting Sites 2025 (Cryptocurrency Sportsbooks)

    Cryptocurrency

    India Unveils RBI-Backed Digital Rupee to Curb Unregulated Crypto

    Cryptocurrency

    Two arraigned for defrauding woman of Sh15 million in fake cryptocurrency deal in Nairobi

    Cryptocurrency

    How Recent Digital Asset Moves Shape the Company’s Valuation

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Gold prices lower – Markets

    Commodities

    Brazil Turns Itself Into A Metal Gear Shrine On Wplace

    Commodities

    le financement de cette centrale de Loire-Atlantique ouvert aux habitants

    Editors Picks

    Proposed N.B. Power rate increase hits wall of opposition during final arguments

    August 26, 2024

    Transcript : Bridgemarq Real Estate Services Inc., Q4 2024 Earnings Call, Mar 14, 2025 -Le 14 mars 2025 à 15:00

    March 14, 2025

    The geopolitics of central bank digital currencies

    January 28, 2025

    John McEnroe makes Novak Djokovic retirement prediction after worrying admission

    September 6, 2025
    What's Hot

    MicroStrategy Boss Michael Saylor Taunts Bitcoin Doubters, Challenges Them To Short Company’s Stock: ‘I Want You To Love Us If You Really Hate BTC’ – MicroStrategy (NASDAQ:MSTR)

    October 18, 2024

    I Started Investing in College. Here Are 5 Key Tips for Other Students

    October 30, 2024

    New figures reveal how long it takes to sell a house in UK

    June 26, 2025
    Our Picks

    Okoora named top 250 fintech for 2nd year in a row

    August 2, 2025

    Boosted by cryptocurrency trading growth, eToro files for initial public offering

    March 24, 2025

    Marimaca Copper finalise la seconde tranche d’un placement privé sans intermédiaire de 17,7 millions de dollars US

    June 13, 2025
    Weekly Top

    European Fintech Groups, Crowdfunding Advocates Send Letter To Policymakers Regarding Financial Data Access Regulation (FIDA)

    October 8, 2025

    Copper price hits new high after Teck cuts production forecast

    October 8, 2025

    Here’s every metal album that’s ever gone to number one in the UK

    October 8, 2025
    Editor's Pick

    Bitcoin Flirts With All-Time High, Ethereum, Dogecoin Surge: ‘Stay Tuned,’ Says Trader Who Sees ‘Only One Untagged High Left’

    October 29, 2024

    We will never ask for payment in gift cards, cryptocurrency, or the like – Douglas Now

    February 24, 2025

    West Texas Helios facility leased to Nvidia-backed CrowdWeave

    April 4, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.