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ChainCatcher reported that a major cryptocurrency extortion case occurred in Minnesota. Raymond Garcia, 23, and his brother Isiah Garcia, 24, kidnapped a family of three at gunpoint on September 19, forcing the victims to transfer cryptocurrency worth $8 million. The two suspects were arrested in Texas on September 22 and have now been charged by federal prosecutors with multiple offenses, including kidnapping, first-degree robbery, and burglary.

According to ChainCatcher, analysis by Guthix indicates that Aster Exchange hardcoded the XPL contract index price at $1 and set the mark price cap at $1.22. After the price cap was removed, the XPL price instantly soared to $4, while prices on other platforms remained stable. Previously, the official statement attributed the incident to serious negligence by the exchange operator, rather than a security vulnerability or attack. A comprehensive review has been initiated, and the exchange has promised to compensate affected users, assuring that user funds remain safe.