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Crypto Broker Leaps 30 Feet from Balcony to Escape Kidnappers in Spain

Key Takeaways

  • ​A UK crypto broker broke both ankles after jumping from a balcony to escape kidnappers in Spain;
  • The kidnappers, all British nationals, demanded €30,000 and were later arrested by Spanish police;
  • A search of the apartment uncovered weapons, cash, and drugs, leading to multiple criminal charges.
Crypto Broker Leaps 30 Feet from Balcony to Escape Kidnappers in Spain

A cryptocurrency broker from the UK suffered serious injuries after jumping from a balcony to escape kidnappers in Spain.

The three suspects, all British nationals, have been arrested and charged with multiple crimes, including kidnapping and illegal possession of weapons.

According to a report from Metro on February 9, the broker had agreed to meet the suspects for drinks in Estepona, a town near Málaga. When he arrived, the kidnappers allegedly demanded he transfer €30,000, approximately $30,917, from his clients’ accounts.

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In a desperate attempt to get help, he called a friend in London, pretending to speak with a customer to obtain access codes. Realizing something was wrong, the friend alerted the victim’s mother, who then contacted Spanish authorities.

On February 8, police tracked down the apartment where the broker was being held. As officers approached, the kidnappers were momentarily distracted.

Seizing the opportunity, the broker attempted to climb down from the balcony but fell about 30 feet, breaking both ankles. Spanish police, who arrived at the scene, saw him trying to jump before he fell. He was immediately taken to a hospital for treatment.

A search of the apartment discovered €10,000 (about $10,305) in cash, a money counter, two firearms, three knives, and 25 grams of pink cocaine.

Meanwhile, seven gang members from Manchester were recently sentenced for kidnapping and extorting $124,000 in crypto. How? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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