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
Addiction-stricken community struggles to keep a syringe program going after Trump's order - 2People are getting their news from AI – and it’s altering their views
- 3Astounding Treehouses All over the Planet
- 4Keep It Cool: Uncovering Famous Fridge Brands for Each Home
- 5Unpaid caregiving work can feel small and personal, but that doesn’t take away its ethical value
- ‘This year nearly broke me as a scientist’ – US researchers reflect on how 2025’s science cuts have changed their lives
- Is new Harry Styles music on the way? Fans think so, after a cryptic website and posters pop up.
- Don't plan to cook on Thanksgiving? Here are the restaurants and fast food places that are scheduled to be open
- Find the Historical backdrop of the Modern Unrest: Changing Society and Innovation
- Second doctor in Matthew Perry overdose case sentenced to home confinement
- David Duchovny's new thriller has him stripping down at 65. But its chilling premise hits close to home.
- Europe: 4 Urban communities for a Paramount Social Experience
- Manual for Big name Work out schedules
- Creative Do-It-Yourself Ventures for Each Expertise Level
