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Crypto Abduction Threat Spreads to Africa; Ugandan Founder Targeted

Terence Zimwara by Terence Zimwara
May 20, 2025
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Crypto Abduction Threat Spreads to Africa; Ugandan Founder Targeted
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The founder of the Ugandan blockchain and crypto education institution Mitroplus Labs was abducted by armed criminals posing as law enforcement. The criminals demanded $500,000 and access to the founder’s cryptocurrency wallets. Crypto Abduction Threat Spreads to Africa On May 17, Festo Ivaibi, founder of the Ugandan blockchain and crypto education institution Mitroplus Labs, became […]

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