Crypto Investor Luthra Discloses Losses Exceeding $2 Million in Oxford Kidnapping Case

on November 9, according to BeInCrypto, crypto investor Evan Luthra confirmed in an interview that he was a victim of a kidnapping and robbery case in Oxford, UK, in November 2025. Five masked men forced him to surrender over $2 million worth of crypto assets and also stole a watch.

Luthra said that the assailants withdrew over $1.5 million worth of assets from his Binance account and transferred approximately $600,000 worth of ETH from his Gate account. Following the incident, he was unable to use his phone for several hours to contact the exchanges, which he believes reduced the opportunity to freeze additional funds.

He stated that Binance and MEXC assisted in freezing part of the funds, with nearly $1 million recovered so far, including approximately $370,000 returned by Binance. The trial was originally scheduled for this month but has now been postponed to November 2027.