A 23-year-old crypto prodigy, who allegedly scammed investors out of $29 million, was abducted and tortured on Monday night.
The man, whose identity has not been revealed, was reportedly taken from his apartment in the Eastern European city of Kiev, Ukraine, by a group of unidentified men.
The assailants reportedly subjected the victim to a brutal attack, with reports claiming he was beaten, burned, and shocked with an electric stun gun. The man is said to have suffered extensive injuries, including broken ribs and a fractured skull.
Local law enforcement officials arrived on the scene shortly after the attack and took the man to a nearby hospital, where he is currently in stable condition.
Authorities are investigating the incident and have yet to confirm whether the attack was related to the man's alleged financial fraud.
The victim is said to have made a fortune through cryptocurrency investments, and is reported to have used the money to purchase luxury items such as cars and expensive jewelry.
However, it is believed that the man may have been involved in a number of fraudulent activities, including money laundering and the sale of fake digital currencies.
The case is being closely monitored by authorities as it could have far-reaching implications for cryptocurrency trading and investment.
The incident is one of the most high-profile cases of cryptocurrency-related crime to date and has sparked debate over the security of digital currencies and the need for better regulation of the industry.