Bitcoin Kidnapping

Bitcoin Kidnapping latest: Child found alive by Police after suspects taken in

A fantastic development!

Bitcoin Kidnapping

13-year-old Katlego Marite has been found alive by Police after he was kidnapped on Sunday while playing near his home in Witbank, Mpumalanga. Kidnappers had left behind a note demanding ransom be paid in Bitcoin.

Marite was playing with his two friends outside in eMalahleni, previously known as Witbank. A car pulled up, grabbed Marite and left a piece of paper demanding a payment of Bitcoin.

South African Police Service (SAPS) Brigadier Leonard Hlathi confirmed to the media that the child was found on Thursday and was alone at the time. Hlathi could not reveal whether or not the family paid ransom or how they were tipped off to Marite’s location.

“While playing, a gold Toyota Corolla with three occupants stopped next to them. One of the men, who was dressed in black, with a green jacket, grabbed the victim to the vehicle (sic) before driving off with him. Katlego’s friends ran to his mom and told her about the ordeal. She, in turn, reported the incident to the police,” Hlathi said after the incident was originally reported.

Family and local community members had reviwed nearby CCTV and discovered what they believed to be the same car. Police then took three individuals into custody but no arrests were made at the time.

The kidnapping has received a hive of media attention over the ransom note demanding payment in the cryptocurrency Bitcoin.

“This is a kidnapping! We have your child. Your child will not be harmed if the following demands are met:

Do not involve the police, we are monitoring all your communications and movments.

We demand ransom of 15 bitcoins to be paid to the below Bitcoin wallet to secure your child’s safe release,” the ransom note read.

The note went on to say that the child would be “hanged and decapitated” if no payments were made.

As of Thursday evening, police had still not announced any arrests.