{"id":8964,"date":"2021-08-31T10:47:55","date_gmt":"2021-08-31T09:47:55","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=8964"},"modified":"2021-08-31T10:48:05","modified_gmt":"2021-08-31T09:48:05","slug":"venezuelan-fakes-his-abduction-and-allegedly-steals-1m-in-btc-from-clients","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/venezuelan-fakes-his-abduction-and-allegedly-steals-1m-in-btc-from-clients\/","title":{"rendered":"Venezuelan fakes his abduction and allegedly steals $1m in BTC from clients"},"content":{"rendered":"\n
Venezuelan police are looking for a 23-year-old scammer<\/a> who allegedly stole $1.15 million in Bitcoin (BTC) from his clients' accounts after faking his own kidnapping.<\/h5>\n\n\n\n
\"Venezuelan<\/figure>\n\n\n\n

Douglas Rico, the director of Venezuela's Scientific, Criminal,\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> and Criminal Investigations Corps (CICPC), made a statement on August 29th claiming that Andr\u00e9s Jess Dos Santos Hern\u00e1ndez, 23, was wanted by the country's main national police agency on suspicion of money laundering and fraud.<\/p>\n\n\n\n

Authorities believe Hernadnez engineered the kidnapping, as his clients' Binance accounts have been emptied since the Venezuelan's absence.<\/p>\n\n\n\n

Hernandez “simulated a kidnapping where his captors allegedly compelled him to visit the Binance platform and conduct transfers to multiple digital wallets, emptying all the crypto assets in question,” according to Rico.<\/p>\n\n\n\n

Hernandez is thought to have pretended to be a financial advisor before soliciting Bitcoin from a number of local investors, amassing a total of 23.66 BTC, according to officials.<\/p>\n\n\n\n

Venezuela has long been a global hotbed for Bitcoin adoption, with locals flocking to cryptocurrencies <\/a>to combat the country's persistent hyperinflation over the last decade.<\/p>\n\n\n\n

Cryptocurrencies provide Venezuelans with a way to hold wealth and access international markets, as well as a way to change into US dollars.<\/p>\n\n\n\n

While the Venzeulan government has attempted to control the local digital asset market by mandating the use of The Petro, their oil-backed cryptocurrency<\/a>, there has been little sign of popular adoption of the currency among local inhabitants since its inception.<\/p>\n","protected":false},"excerpt":{"rendered":"

Venezuelan police are looking for a 23-year-old scammer who allegedly stole $1.15 million in Bitcoin (BTC) from his clients’ accounts after faking his own kidnapping. Douglas Rico, the director of Venezuela’s Scientific, Criminal, and Criminal Investigations Corps (CICPC), made a statement on August 29th claiming that Andr\u00e9s Jess Dos Santos Hern\u00e1ndez, 23, was wanted by […]<\/p>\n","protected":false},"author":12,"featured_media":8972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,21],"tags":[4160,149,366,165],"class_list":["post-8964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-news","tag-abduction","tag-btc","tag-scam","tag-venezuela"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Venezuelan-fakes-his-abduction-and-allegedly-steals-1m-in-BTC-from-clients.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=8964"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8972"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=8964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=8964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=8964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}