A crypto trading exchange operating inside a hotel in St. Petersburg, Russia, was the target of an attempted robbery, as per a local media report.
The regional headquarters of the Russian Ministry of Internal Affairs press service said that a 21-year-old man detonated airsoft grenades and triggered a smoke bomb to threaten the employees and demanded that they transfer all crypto assets to his digital wallet.
Related: Russian crypto mogul found buried near Dubai
Police officers and private security personnel immediately arrived at the scene of the crime and detained the robber who turned out to be an unemployed young man from the Leningrad Region. Police said they confiscated two airsoft grenades from him and took him into custody.
Authorities have opened a criminal case under Part 3 of Article 162 of the Criminal Code of the Russian Federation, which covers robbery involving violence or the threat of violence.
Police added that the question of choosing a preventive measure for the suspect is being decided, which means that prosecutors may soon request pretrial detention.
The report doesn't mention which crypto exchange came under attack. The investigation remains ongoing.
More News:
-
Crypto streamers arrested for vandalizing Hollywood sign in L.A.
-
Bollywood superstar's husband accused in $31M Bitcoin 'scam'
Crypto crimes continue unabated
While the crypto industry is no stranger to sophisticated online hacks costing millions of dollars, several crypto-related crimes involving physical harm have also come to light.
Last month, a Russian crypto entrepreneur and his wife were discovered dismembered and buried in a desert near Dubai.
France has also been hit by a wave of crypto-related kidnappings in recent months. David Balland, the co-founder of the popular crypto wallet maker Ledger, lost his finger in a kidnapping that rocked the country.
The daughter and grandson of Pierre Noizat, CEO of the crypto trading exchange Paymium, almost got kidnapped in broad daylight in Paris in May.
In August, a former crypto trader got kidnapped and held captive for two days. Though the criminals released him, the victim returned with a swollen face.
This story was originally published by TheStreet on Nov 25, 2025, where it first appeared in the Crime section. Add TheStreet as a Preferred Source by clicking here.
LATEST POSTS
- 1
Mom warns of Christmas gift hazard as daughter recovers in hospital - 2The Response to Independence from the rat race: Methodologies for Creating Financial momentum
- 3Early diagnosis leads King Charles to scale back cancer treatment in the new year
- 4Island Travel Guide: Must-Visit Objections for 2024
- 5Vote in favor of the Web-based Work out schedule to Keep You Fit and Sound
- Interstellar comet 3I/ATLAS isn't an alien spacecraft, astronomers confirm. 'In the end, there were no surprises.'
- The 10 Most Famous Style Minutes on Honorary pathway
- RFK Jr. wants to scrutinize the vaccine schedule – but its safety record is already decades long
- Popular Home Rug Series For You
- In the background: Visiting Notable Film Areas All over the Planet
- I binged all 24 Hallmark Christmas movies in less than 30 days. I emerged a changed man.
- The most effective method to Apply Antiquated Ways of thinking in Current Brain science Practices
- Experience Is standing by: History's Most noteworthy Travelers
- Relentless rise in carbon pollution from fossil fuels slightly dampens climate-fighting hopes
