Bitcoin kidnapping: 12-year old victim Katlego Marite found

Bitcoin kidnapping: 12-year old victim Katlego Marite found

- Police have confirmed that 12-year-old Katlego Marite has been found alone

- Katlego was kidnapped near his Witbank home on Sunday

- The kidnappers demanded R1.5 million ransom to be paid in cryptocurrency Bitcoin

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Police have confirmed that they had found the Bitcoin kidnapping victim, 12-year-old Katlego Marite. Police spokesperson Brigadier Leonard Hlathi said Katlego was alone when police found him.

Hlati said: "I can confirm that he has been found."

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Katlego was kidnapped near his Witbank home on Sunday, he had been returning from a Spaza shop. The kidnappers demanded R1.5 million in cryptocurrency Bitcoin as ransom.

Briefly.co.za gathered that the ransom note had been left at the family home and demanded that the ransom is paid before 27 May in exchange for Katlego’s release.

According to the SowetanLive.co.za the area in which the family lives is known as the Nkandla of eMalahleni‚ and locals believe those living there are wealthy.

Katlego’s father reportedly wanted to know what Bitcoin is once he read the ransom note.

On Wednesday, three people had been taken into police custody for questioning in connection with the kidnapping.

No arrests have yet been made.

READ ALSO: Malema: ‘People must occupy unoccupied land because ANC isn’t serious about expropriation

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Source: Briefly.co.za

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