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
Dick Van Dyke shares his secrets to longevity as he turns 100 - 2Story of ‘first Black Briton’ rewritten by advances in ancient DNA technology
- 3‘Grit’ and relentless perseverance can take a toll on brain health − particularly for people facing social stresses like racism
- 4NASA loses contact with its Maven spacecraft orbiting Mars for the past decade
- 5Takeaways from AP’s report on potential impacts of Alaska’s proposed Ambler Access Road
- Top 15 Supportable Design Brands Coming out on top
- Authorities arrest 7 bodyguards in connection with a Mexican mayor's assassination
- A new mom skipped a routine appointment. An infected cut led to a devastating diagnosis
- 'Sex and the City' star Kim Cattrall marries longtime partner Russell Thomas in intimate London wedding
- Atorvastatin recall may affect hundreds of thousands of patients – and reflects FDA’s troubles inspecting medicines manufactured overseas
- 10 Setting up camp Shelters That Offer Both Excellence and Isolation
- Taylor Momsen explains why she quit 'Gossip Girl': 'I really didn't want to be there'
- Russian drone slams into block of flats in deadly wave of strikes across Kyiv
- UN panel says Israel operating 'de facto policy of torture'
