1. Home
  2. News
  3. Market

Suspects Finally Arrested and Charged in $1.8 Million Ether Kidnapping from 2017

Suspects Finally Arrested and Charged in $1.8 Million Ether Kidnapping from 2017

A cryptocurrency millionaire was robbed of his holdings at gunpoint by four men in New York in November 2017. Only one of the suspects, 35-year-old Louis Meza, was apprehended and charged in December 2017, but the long arm of the law has finally caught up with the three other accomplices.

NY Daily News reported on June 12 that three additional suspects had been arrested and charged in the kidnapping, bringing the six month-old case to a close. Cesar (Fuego) Guzman, 38, Allan (Joker) Nunez, 36, and Darrell (Bishop) Colon, 37, all allegedly members of a Bronx biker gang, are facing charges of kidnapping and grand larceny, among others.

According to the authorities, Meza, a friend of the victim, set up the wealthy ETH holder by convincing him to get into a fake Uber vehicle, where Nunez was driving and Colon was hiding in the backseat with what Colon later claimed was a BB gun. The two suspects drove the victim around for two hours in a bid to coerce him to reveal the location of his private key.

Meza and Guzman broke into the victim’s home and used the information obtained by their accomplices to steal $1.8 million in ETH from the victim. Authorities revealed that most of the holdings were later recovered.

Each of the three suspects are held on at least $50,000 in bail and face up to 25 years in prison.

18 Jun 2018

Subscribe to our newsletter

Our newsletters are sent on a regular basis and are aiming to provide you most overall market situation

Latest news

Germany’s Only Regulated Bitcoin Exchange To Become A Bank

Bitcoin Group SE, which operates Bi...
16 Nov 2018

ICORating Releases Quarterly Report (Q3 2018)

ICORating’s analysts have release...
16 Nov 2018

New Token Listings: Stellar and Odyssey

Trading pairs of Stellar (XLM) and ...
16 Nov 2018

New Token Listing: PlusCoin

Trading pairs of ICO project PlusCo...
16 Nov 2018

Crypto Exchange KuCoin Raises $20 Million

Singapore-based crypto exchange KuC...
16 Nov 2018

OKCoin Allows Deposits In Argentine Pesos

OKCoin, one of the largest crypto e...
15 Nov 2018

Binance Lists USDC Stablecoin

Binance has announced its newest li...
15 Nov 2018

Bank Of America Is Given A Patent To Store Crypto

The U.S. Patent and Trademark Offic...
14 Nov 2018

ICORating Meets STO Challenge

After the boom of 2017 and the begi...
14 Nov 2018