Sweden’s Bitcoin thefts show need for anonymity
The post Sweden’s Bitcoin thefts show need for anonymity appeared on BitcoinEthereumNews.com.
A disturbing pattern of home invasions targeting crypto holders has emerged in Sweden, highlighting the need for anonymity protections in the crypto space. The issue was highlighted by Eric Wall, a Swedish cryptocurrency researcher and investor, in a detailed tweet. there’s now officially a situation in sweden this monday, a middle-aged swedish couple was tied up in their home and robbed by 4 masked men. they were physically abused and threatened with their own kitchen knives. they were tied up for hours and one had to be escorted to the… — Eric Wall (@ercwl) November 8, 2023 Local news outlet Aftonbladet reports that the latest incident occurred this Monday when a middle-aged Swedish couple was robbed by four masked men in their home near Stockholm, according to local police. Authorities believe the motive was to steal the couple’s Bitcoin (BTC) holdings. This follows at least three similar home invasions targeting prominent figures in Sweden’s crypto sector over the past year. Wall explained that in each case, the victims had recently discussed their Bitcoin investments publicly before being targeted by armed criminals who broke into their homes and violently demanded access to their cryptocurrency wallets. Eric Wall, an influential figure in the Swedish crypto community, sees these incidents as directly related to Sweden’s Principle of Public Access to Information, allowing anyone to easily search an individual’s home address, tax records, and income information. This situation is occurring because in sweden, you can easily search for any person’s residential address and drive straight to their house. If you’re curious, you can also search for their tax records, and find out exactly how much they paid in income or capital gains tax, and size them up from that. Eric Wall, Swedish crypto expert Wall believes Sweden’s liberal public access laws, while intended to…
Filed under: News - @ November 10, 2023 3:22 pm