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
Step by step instructions to Pick the Right Dental specialist for Your Teeth Substitution - 2From School Dropout to Example of overcoming adversity: My Excursion
- 3What to know about MIT professor Nuno Loureiro and the investigation into his shooting
- 4Poll: By a 2-to-1 margin, Americans say Trump has done more to raise prices than lower them
- 5The Green Transformation: 5 Feasible Living Practices
- Satellite data reveals a huge solar storm in 2024 shrank Earth's protective plasma shield
- 25 Years Ago, Audi's Rosemeyer Concept Was A Steampunk Supercar With A Massive Engine
- 10 Famous Frozen yogurt Flavors All over The Planet
- I binged all 24 Hallmark Christmas movies in less than 30 days. I emerged a changed man.
- Avoid Slam: Clearing the Street for the Eventual fate of Standard Size Trucks
- CDC's upcoming vote on hepatitis B vaccine could impact childhood immunization
- Vote In favor of Your Favored Pizza Cover
- Figure out how to Arrange a Fair Settlement with the Assistance of a Fender bender Legal counselor
- Building a Maintainable Closet: Individual Excursions in Moral Style
