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
Science is best communicated through identity and culture – how researchers are ensuring STEM serves their communities - 2A Manual for Pick High Evaluated Food Conveyance Administrations In Significant Urban communities For 2024
- 3A decade after Brazil’s deadly dam collapse, Indigenous peoples demand justice on the eve of COP30
- 4The most effective method to Pick the Right Volvo XC40 Trim for Your Way of life
- 5Last supermoon of the year, the cold moon, seen across the U.S.: See the photos
- A company is trying to unlock a key to aging, in a long-overlooked body part
- Trump awarded 1st FIFA Peace Prize by Gianni Infantino at 2026 World Cup draw
- Volcanic eruption led to the Black Death, new research suggests
- 6 Arranging Administrations to Change Your Open air Space
- Eurovision Song Contest changes voting rules after controversial allegations against Israel
- Share your pick for the tree that you love for its novel magnificence!
- Excelling at Discussion: Genuine Examples of overcoming adversity
- 6 Solid Vehicle Fix Administrations to Keep Your Vehicle in Prime Condition
- 'The Secret Lives of Mormon Wives' Season 3 premieres tomorrow. Here's what you need to know to catch up.
