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Wife of Norwegian billionare kidnapped, €9M crypto ransom

telegraph.co.uk

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Re: Wife of Norwegian billionare kidnapped, €9M crypto ransom

#4
post #3

This happened at Halloween but the police asked the media to not report it and they seemingly complied. Is this kind of arrangement unique to Norway?

No, a lot of media outlets will not report on something that will definitely put someone’s life in immediate danger, unless the public interest outweighs the risk. In this case the public interest is well served as long as it’s eventually reported, and a scoop at the cost of a life would be pointless and cruel. It doesn’t always work out of course, and the smaller a media org is the less likely they are to abide by norms.

Re: Wife of Norwegian billionare kidnapped, €9M crypto ransom

#6
These kinds of things need to be considered when arguing about privacy: you could argue that having completely private payments with no link possible to the receiver is bad, because it facilitates this type of crime: Before crypto, you had to either demand money to a bank account (traceable) or demand cash on a certain location (which could then be surveiled by police to find the criminals).

I'm not saying there are kidnappings because there is crypto, but maybe some kidnappings are easier when cryptocurrencies exist, and that is definitely a downside to consider vs the already low upsides of crypto.

Re: Wife of Norwegian billionare kidnapped, €9M crypto ransom

#7
> "“Police have so far advised the family not to meet the requirements.”

This is good advice from their point of view because it lowers the incentive to commit these types of crimes in the future.

For the individual person, it is most wise to pay the ransom and ignore what law enforcement tells you if you want to see the person back.

Re: Wife of Norwegian billionare kidnapped, €9M crypto ransom

#10

This is terrible. I wonder, what is the comment about the ransom note intended to signify? That the kidnappers are not Norwegian? ISTM that extreme confidence would be required to commit a crime of this nature in a foreign country.

It signifies that either a foreigner or recent immigrant, or perhaps a dyslectic or anyone who would like it to appear as if a foreigner or recent immigrant or a dyslectic wrote the note.
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