Debt Box Co-Founder Kidnapped in Dubai, $400 Million Stolen

In a recent shocking development, it was reported that Jason Anderson, co-founder of the cryptocurrency company Debt Box, was kidnapped and over $400 million was stolen.

Anderson had traveled to Dubai for a business meeting, but was allegedly kidnapped by two business partners while trying to leave the country. According to his brother, Anderson was subjected to mental torture and forced to relinquish control of Debt Box and approximately $400 million. He was also forced to admit that he owed another $90 million to individuals in Dubai.

His brother described how Anderson was taken to a location four hours away and confined to a hotel room locked from the outside. Business partners Shade Brannon and Royden Nelson allegedly subjected him to mental torture for two weeks until he complied with their demands.

Anderson was able to send a message to his brother using a remote control television and the internet, but was unable to leave the country due to a lack of a passport.

Another business associate, speaking anonymously due to ongoing legal proceedings, corroborated Jacob Anderson’s claims that his brother had been kidnapped and that the funds had been frozen. This situation led to disputes between the defendants.

Jacob Anderson also contacted the U.S. Embassy in Abu Dhabi, providing similar details and mentioning that his brother was supposed to meet with members of the “royal family,” according to an email reviewed by Fortune.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.