According to the Tel Aviv District Attorney’s Office, a Bitcoin trader in Herzliya was attacked and robbed in what prosecutors call a violent home invasion on September 7.
The victim was stabbed and forced to give up digital wallet access. Reports say the thieves walked away with roughly $600,000 in assets and valuables.
They threatened harm to his family to force him to hand over wallet codes. At first, the group demanded 500 Bitcoin, a demand that was later scaled down as violence was used to extract access.
Under pressure, the victim surrendered credentials that allowed transfers of approximately $547,260 in Bitcoin and $42,248 in USDT.
Based on reports, police arrested 46-year-old Murad Mahajna on September 10. He was indicted by the Tel Aviv District Attorney’s Office.
The charges include breaking and entering, aggravated robbery, extortion by threats, obstruction of justice and making threats.
Prosecutors say they linked Mahajna to the scene using phone records, voice identification, technological data and CCTV footage. He is described as having a criminal history with 10 prior convictions for matters including violence, drugs and weapons.
When the watch and cash are added, the financial loss approaches the headline figure of $600K that circulated in early reports.
Phone calls allegedly made after the assault pressured the victim for more coins and included threats to “find” family members if demands were not met.
Featured image from Vecteezy, chart from TradingView
