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Crypto investor Luthra discloses losses exceeding $2 million in Oxford kidnapping case

2026-11-09 05:38

According to TechFlow, on November 9, as reported by BeInCrypto, crypto investor Evan Luthra confirmed in an interview that he was the victim of a kidnapping and robbery case in Oxford, United Kingdom, in November 2025. Five masked men forced him to hand over more than $2 million in crypto assets and also stole a watch.

Luthra said the attackers withdrew assets worth more than $1.5 million from his Binance account and transferred approximately $600,000 worth of ETH from his Gate account. After the incident, he was unable to use his phone to contact exchanges for several hours, which he said reduced the chance of freezing more funds.

He said Binance and MEXC assisted in freezing part of the funds, and nearly $1 million has now been recovered, including approximately $370,000 returned by Binance. The case was originally scheduled for trial this month but has been postponed to November 2027.

Source: TechFlow