South Africa: Gang Kidnaps 13 Year Old Boy, Demands Ransom of 15 Bitcoins

Cointelegraph

Published May 23, 2018 10:58AM ET

Updated May 23, 2018 12:32PM ET

South Africa: Gang Kidnaps 13 Year Old Boy, Demands Ransom of 15 Bitcoins

The kidnappers of a 13-year-old boy in South Africa have demanded a ransom of 15 bitcoins (BTC) - around $120,000 - for his release, The Guardian reported Tuesday, May 22.

Local police stated that on Sunday, May 20, three gang members pulled up in a car near to where the teenager, Kathlego Marite, was playing with two friends close to his home in the town of Witbank. Witnesses said the men dragged him into the vehicle, leaving their ransom note at the scene. The “non-negotiable” note reportedly threatens to kill the boy if the demands are not met, with the first deadline for payment passing on Monday.

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