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DeFi

Investor reveals $2 million crypto kidnapping details

Crypto investor Evan Luthra has broken his silence on being kidnapped in England, a year after the attack. “They took two million dollars by force from my crypto accounts,” Luthra said in a v

AnonymousCryptoCompass newsroom
November 13, 2026
3 min read
NEWS
Investor reveals $2 million crypto kidnapping details
CryptoCompass editorial visual for defi coverage.

Crypto investor Evan Luthra has broken his silence on being kidnapped in England, a year after the attack.

“They took two million dollars by force from my crypto accounts,” Luthra said in a video posted on X, calling it “the most important video you will watch” for anyone in crypto.

Luthra said he had just finished a speech at Oxford University on Nov. 4, 2025. “I got into a private car with four friends, and the driver took us to five masked men instead,” he said.

“Why am I sharing this story now? I waited one year to share the story so I could share and make a point,” he said in the video post.

In another post on LinkedIn, he said that crypto is traceable and the blockchain records every movement permanently.

“People think crypto is easy to steal because it moves fast and cannot be reversed. It is one of the hardest things to steal and keep, because every transfer leaves a trail with a real name on the end of it,” he wrote in the post.

Related: Binance founder issues chilling warning after record crypto heist

Robbed in about 30 minutes

According to a news report, Thames Valley Police said the offenders took a watch worth about £450,000 and the victims’ phones, and forced one victim to transfer cryptocurrency. Police put the crypto stolen at about £1.1 million at the time.

Roughly 30 minutes later, the group got out in the Five Mile Drive area of Oxford and called police. Four men were arrested in Kent, London and Birmingham.

Luthra said the case “is going through the courts, so there is a limit to what I can say.”

He credited the blockchain for the arrests. “What those kidnappers did not realize was that crypto is primarily traceable,” he said, adding that the attackers used KYC accounts to move the stolen funds.

Binance and MEXC helped recover some of the money and shared data with police, he said.

“Don’t travel with crypto on you”

Luthra admitted the risk was his own.

 “I was carrying a few million dollars of crypto on my phone. That was my decision, and I had not thought about it hard enough,” he wrote.

“Do not keep crypto on your phone. Nothing you need day to day is worth what it makes you worth to somebody else. Get security when you travel, especially around public appearances, where anybody can see where you will be and when. Put guardrails between you and your own money, so no amount of pressure inside a car can move it in ten minutes,” he advised in his post.

He now travels with security and urged others with a public profile in crypto to do the same. He also said he cannot spend his own crypto without going through protocols.

“It is inconvenient every single day and I am never going back,” he wrote.

“They did not hurt me. I got to go home. Not everybody in these stories does.” 

Related: Musk warned America will go 1,000% bankrupt. Now U.S. debt tops $40 trillion and counting