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The Evolution of Kidnapping: From Targeting Mercedes Owners to Focusing on Bitcoin Traders

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How Kidnappers Went From Targeting Mercedes Owners To Bitcoin Traders

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The recent publication penned by a seasoned business reporter delves into the dark side of cryptocurrency. It reveals that organized crime syndicates engaged in narcotics trade, money laundering, and illegal gambling are swiftly adopting cryptocurrencies due to their decentralized and ostensibly anonymous properties. Even the remote areas of India’s countryside are not immune to this trend, the author discovers.

According to 2017 Google Trends analysis, the term ‘Bitcoin’ was searched more frequently in Surat than in any other city.

The data also highlights a significant number of other Indian localities showing similar interest, like Pimpri-Chinchwad in Pune at number seven, and Gurugram, just outside of Delhi, at number eight. However, it’s a fine line that separates healthy curiosity from all-consuming fascination, and the problematic nature of crossing from the former into the latter.



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