According to BlockBeats, on July 29, The Block reported that a 29-year-old Bitcoin holder was kidnapped and killed in Kiev, Ukraine a few hours ago. Four men aged 24 to 29 were detained on suspicion of "carefully" planning to kidnap the victim and steal three Bitcoins worth about $207,000.

"Information about the man's kidnapping reached the capital's police department around midnight. Residents of a house in the Solomeyan district heard screams and saw several unidentified people beating and forcibly pulling a man into a car," the police department wrote in a statement. The police investigation found that the attack was premeditated.