---
title: "Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two"
url: https://diffcoin.com/man-allegedly-tries-to-recover-losses-from-bitconnect-kidnapping-two/
description: "Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto.…"
published: 2024-08-19
updated: 2024-08-19
author: "Mila"
site: "Diffcoin"
---

# Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two

Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto.

[Source link](https://cointelegraph.com/news/man-tried-recover-losses-bitconnect-ponzi-kidnap-extortion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)