Other

"Skycoin Founder Claims in Suit He Was Extorted, Kidnapped"

2022-02-09 [vendor] Skycoin kidnapping lawsuit
Primary Source ↗

Incident Details

Brandon Smietana, the creator of the Skycoin cryptocurrency, filed a civil racketeering lawsuit on February 9 against a slew of people. He claims that the people hired to market the coin and redo its website ended up damaging the website to demand ransom payments, and ultimately kidnapped Smietana and his girlfriend, then beat and tortured them for hours until Smietana handed over $360,000 in Bitcoin and Skycoin.One defendant in the lawsuit has described the suit as “absurd” and “pretty weird”, and said that Smietana has “a history of blaming other people for the failure of Skycoin”.

Technical Details

Initial Attack Vector
Regulatory / legal action
Vendor / Product
Skycoin kidnapping lawsuit

Timeline

  1. 2022-02-09 Breach occurred
  2. 2022-02-09 Publicly disclosed