NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Kidnapped EXMO Analyst Found Safe, Company Releases Statement

Gautham
Gautham
7 years ago
2 mins read
Crime

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A recent event involving the abduction of an employee of one of the cryptocurrency exchange platforms caused a stir in the community. The employee, Pavel Lerner– an analyst at EXMO, a UK based exchange was reported to have been kidnapped by a group of unidentified people in a black Mercedes Benz while he was leaving work in Kiev, Ukraine on December 26, 2017. According to recent reports, the abducted EXMO has since been found and the company has established contact with him earlier today.

Following the latest developments, EXMO has officially released a statement addressing concerns regarding both the health of Pavel as well as the security of user funds on the platform. The official release from the company states —

“Pavel holds a role of a leading analyst at EXMO, and is a blockchain expert who leads an array of personal blockchain startup projects not related to the operations of the EXMO platform.

On December 26, Pavel was captured by a group of unknown masked people, and all the connection with him ceased for several days. On December 29, we managed to get a hold of Pavel. At the moment, he is safe, and there was no physical harm inflicted on him. Nevertheless, Pavel is currently in a state of major stress, therefore, he will not provide any official comments in the coming days.

The case is currently under investigation by the state security authorities.

We would like to note that the story of Pavel’s abduction has overgrown with rumors that might tamper with the official investigation. That said, EXMO currently refrains from any comments or suggestions of own versions of the possible scenario, until the end of the investigation.

We would also like to point out that Pavel’s activity at EXMO did not involve an access to financial assets of our users. Despite the aforementioned, the platform continues its usual operations.

EXMO team is deeply grateful to the cryptocurrency community and the media for their active support. We promise to timely provide any updates on the situation.”

The abduction was widely reported in all mainstream as well cryptocurrency media outlets and in few cases, Pavel was mistakenly reported as the CTO of EXMO.  In addition, the platform also became a target of DDOS attack during the same time span, causing panic among many EXMO customers. There were fears of the kidnappers coercing information from Pavel and using it to siphon off funds from the platform.

These concerns were addressed by the company by stating,

” …Despite the situation, the exchange is working as usual. We also want to stress that nature of Pavel’s job at EXMO doesn’t assume access either to storages or any personal data of users. All users funds are absolutely safe.”

With Pavel found safe and sound, the company is refraining from making any statements at the moment due to the ongoing investigation into the alleged kidnapping. More information from law enforcement agencies and EXMO is awaited.

Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price Targets $110,000 All-Time High After Consolidation Trend Ends

Over the past three days, Bitcoin has hovered between $103,000 and $104,500, creating a narrow channel after a notable rally...

Scott Matherson 1 hour ago
Ethereum Recovery Gains Strength: Massive Comeback Above Key Support

Ethereum Recovery Gains Strength: Massive Comeback Above Key Support

Ethereum is back above the $2,500 level after a massive surge that flipped market sentiment nearly overnight. Following months of...

Sebastian Villafuerte 4 hours ago

Лучшие пресейлы, которые стоит рассмотреть в условиях нестабильного рынка

Мировые рынки сотрясает новая волна неопределённости. С 2 апреля вступают в силу ответные тарифы администрации Дональда Трампа — событие, которое...

lisachaikina 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Crypto

アルトコイン注目:Twitter創業者が語る「100万ドルのBTC予測」とは?このトークンで波に乗れ

Yohei Hanazato 42 minutes ago
Solana

仮想通貨投資としてのSolana価格予測:Solaxyが10倍上昇のカタリストになるのか?

Yohei Hanazato 45 minutes ago
米中合意でビットコインとBTC Bullトークンに恩恵?

ビットコインが過去最高値に迫る中、100万ドルへの道が注目される – ミームコイン「BTC Bull」プレセールは残りわずか、600万ドル到達間近

Yohei Hanazato 50 minutes ago

Premium Sponsors

Top Brands

Press Releases

  • The market value of Bitcoin has successfully exceeded...

    3 hours ago
  • CoinACE Opens Pre‑Registration for June 1 Early Access...

    5 hours ago
  • STAU Foundation Announces Official Listing of Digital Gold...

    5 hours ago
  • Earn $6,779 a day by remotely launching a Bitcoin miner...

    5 hours ago
  • As Bitcoin prices soar, cloud mining becomes a new favorite...

    5 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.