Ugandan Police Arrest Suspect in Crypto Educator Abduction Case
Ugandan authorities have apprehended Phineous Biira, a key suspect in the kidnapping of blockchain educator Festo Ivaibi. The arrest followed forensic tracing of stolen cryptocurrency transactions linked to the May 17 incident.
Biira’s criminal history suggests potential connections to organized crypto-related crimes in the region. The case highlights growing security concerns around digital asset practitioners in emerging markets.