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
Figure out How to Track the Establishment of New 5G Pinnacles - 2Wolf bites woman in a shopping area in Germany's 2nd-biggest city
- 3Wizz CEO: We’re going to invest $1 b. in Israeli market
- 4Why are NASA's Artemis astronauts wearing orange? What are they bringing to space? What to know about the preparation for their moon mission.
- 5Pick Your Favored method of transportation
- The 20 Most sultry Style of the Time
- Zelensky confidant dismissed from further posts amid bribery scandal
- Sound Propensities: 20 Methods for helping Your Insusceptible Framework
- Expert advice for new stargazers: How to begin your amateur astronomy journey
- German economic institutes cut forecast in half over Iran war
- Fundamental Home Machines: An Easy to understand Determination Guide
- 2026 will be the year NASA astronauts fly around the moon again — if all goes to plan
- ‘Slender Man’ attacker back in custody. What we know about Morgan Geyser's disappearance and what happens next.
- The Way to Recuperation: Defeating Dependence
