Once again, crypto-related turmoil unfolds as a Russian couple is saved from a kidnapping in Buenos Aires, connected to a digital ransom—an incident that has triggered an international search for the perpetrators.
Russian Couple Abducted Over Crypto—Suspects Escape to UAE After Ransom
A Russian couple was rescued in Buenos Aires after allegedly falling victim to a kidnapping that ended with their release following a $43,000 ransom paid in cryptocurrency. The pair, known for operating a crypto business, had been abducted from a Palermo apartment after accepting a dinner invitation from two Chechen men residing on the first floor. The case is now being overseen by Judge María Romilda Servini and Argentina’s Federal Police Southern Anti-Kidnapping Division. An international search has been launched after the suspects left the country just hours after committing the crime.
The incident took place at an apartment located at Ravignani 1596, where the suspects had been staying temporarily. The unit had been rented by the two Chechens for the preceding two nights. According to investigators, the Russian couple had been lured to the property and subsequently restrained inside.
At approximately 11 p.m. on Friday, the female victim managed to call for help in English from a balcony, drawing the attention of nearby restaurant staff. Law enforcement responded promptly and discovered both victims tied up. Authorities stated that the ransom was paid in cryptocurrency by a friend of the couple—another Russian residing in the coastal region of Buenos Aires province—after a brief exchange with the kidnappers.
The involvement of cryptocurrency in the ransom transaction has sparked broader scrutiny over its application in criminal activity and investigative efforts. Authorities confirmed that a flight was boarded by the suspects at Ezeiza International Airport, bound for the United Arab Emirates (UAE). Both individuals have since been listed as fugitives by Interpol.
Although critics contend that the pseudonymous nature of cryptocurrencies enables extortion and illicit activities, proponents within the industry emphasize that public blockchain transactions can be tracked and often assist law enforcement efforts. Authorities have been repeatedly supported by blockchain analytics companies in tracing illicit funds, countering the notion that crypto inherently fosters criminal behavior.
A critical alert was recently issued by crypto exchange Binance as physical attacks related to cryptocurrencies have risen alongside Bitcoin’s value. The alert referenced 15 kidnapping cases reported in 2025 and advised a five-step safety strategy. Users were urged to maintain discretion, safeguard wallets, manage online visibility, and stay prepared for emergencies.
