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CASE 167  |  Binance Client  |  November 10, 2023  |  Montenegro
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DATABASE RECORD
  id                  167
  date                November 10, 2023
  original_date       November 10, 2023
  year                2023
  month               11
  quarter             2023-Q4
  victim              Binance Client
  location            Montenegro
  country             Montenegro
  scenario            Malicious Invitation - SocialEng
  description         Executives lured into fake business trip, kidnapped, forced to empty wallets of $12M USDT.
  kidnappings         0
  violence_torture    0
  drugs_alcohol       0
  weapons             0
  theft               0
  life_taken          0
  money_wanted        (null)
  coin_type           (null)
  reports             MH
  notes               (null)
  has_processed_date  1
  created_at          2025-11-13 05:44:45

AI SUMMARY  [generated at bulk import, NOT verified against sources]
  **Victim:** Binance Client
  
  **Attackers:** Known associate(s) who betrayed victim
  
  **Attack Method:** Malicious Invitation - SocialEng
  
  **Violence Used:** Threats/intimidation
  
  **Crypto Stolen:** No theft completed
  
  **Status:** Investigation ongoing

LINKED SOURCES
  [url]  https://mugglehead.com/binance-client-executives-robbed-of-12-5-million-while-on-vacation/

NOTES ON THIS FILE
  * matched to sheet row 168: exact match on victim + year, unique on both sides

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ARTICLE 1
  Source   MH
  URL      https://mugglehead.com/binance-client-executives-robbed-of-12-5-million-while-on-vacation/
  Origin   reported_K&R sheet, row 168, column "Articles"
  Length   835 chars
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Executives of a VIP client of crypto exchange Binance were tricked and kidnapped in Montenegro during an alleged “business trip” in which they had to compulsorily comply with the thugs’ demands by emptying their crypto wallets. The stolen funds amounted to $12.5 million. Binance was able to track the on-chain movement of the loot and managed to block up to 94% of the sum. $11.8 million was freed in USDT and safely returned to a Tron wallet.
Binance Customer Support said on X the exchange’s standard procedure for stolen funds depends on the information provided. Maintaining an asset freeze on stolen assets required a police report within seven days after first contact with the exchange’s support department. Although, Binance could extend the freeze on a case-by-case basis if extra time were required to get the police report.

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generated from attacks-export-Gart-website.json + reported_K&R  |  case 167
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