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CryptoWorld News reports that Ukrainian prosecutors recently charged a gang composed of multiple former police officers with kidnapping cryptocurrency entrepreneurs and extorting over $2.2 million.
The gang includes two former police colonels, four officers in total, and a civilian with a criminal record, who used official resources and vehicles to impersonate law enforcement officers.
At least four cryptocurrency entrepreneurs have been confirmed as victims.
In one case, a victim in Kyiv was kidnapped at gunpoint and forced to sign a false debt document for $5 million.
The involved police officers have been dismissed, and the case is being handed over to the court for trial.