A 25 Years Old Mexican Youtuber Involved In Bitcoin Extortion Sentenced 50 Years In Prison

According to a report by Milenio, in February 2018, 25-year-old YouTuber German Abraham Loera Acosta was allegedly the ringleader for a band of kidnappers that kidnaped a woman in Chihuahua The group reportedly extorted authorities for $103,000 in bitcoin (2 million pesos) in exchange for the victim’s release. After receiving the ransom, Acosta attempted to contact Mexican cryptocurrency exchange Bitso over Twitter as a potential avenue for laundering the crypto

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