February 10, 2026

Nancy Guthrie case: Why criminals are turning to cryptocurrency for ransoms

Bitcoin’s speed, global reach and public ledger have made it a frequent demand in ransom cases. Here’s why criminals ask for crypto and how investigators track it.

Nancy Guthrie case: Why criminals are turning to cryptocurrency for ransoms

TL;DR

  • Nancy Guthrie, 84, was abducted from her Arizona home, with her alleged captors demanding a $6 million Bitcoin ransom.
  • Cryptocurrency, particularly Bitcoin, is increasingly used in extortion due to its speed, global reach, and lack of reliance on traditional banking systems.
  • While attractive to criminals, cryptocurrency transactions are traceable on the public ledger, providing investigators with actionable intelligence.
  • The FBI is offering a reward for information leading to Guthrie's recovery or the arrest of those involved.

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