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Kidnapped crypto trader breaks ankles jumping from 30-foot balcony A kidnapped crypto trader who was allegedly threatened with torture and death by a gang demanding €30,000 ($31,000) for his release, broke both ankles leaping from a 30-foot balcony in a desperate bid to escape, according to news reports.  The 34-year-old met his alleged captors in Marbella, Spain where they persuaded him to join them for drinks at an apartment in Estepona. The gang then allegedly kidnapped him and told him to pay a ransom using crypto from his clients’ accounts or face torture.  The victim pretended to comply and made a call, he claimed, to a client to get the codes he needed to access the crypto. However, he instead contacted a friend who subsequently led police to the apartment where he was being held.  Before police arrived, however, the alleged victim took matters into his own hands, attempting to escape via the apartment’s balcony while the kidnappers were...

Over 600 workers who had been forced to take part in so-called ‘pig-butchering’ crypto scams in the Philippines were rescued by authorities on Thursday after one victim scaled the walls and fled, alerting the police.  Authorities freed 383 Filipinos, 202 Chinese, and 73 other foreign nationals from a compound in Bamban, a northern district in the Philippines. According to Winston Casio, a spokesman for the Presidential Commission Against Organized Crime, the center trapped “good-looking men and women to lure [victims].” He says that freed victims are still ‘shaken’ by the ordeal.  Trapped individuals are forced to carry out romance scams all day that seduce victims into investing in bogus crypto platforms. In most cases, they are tortured and forced to work long hours with few or no breaks.  1,200 slaves freed from Myanmar pig-butchering compound Read more: United Nations reports USDT used for money laundering across SE Asia According to a BBC report, the escaped i...