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A criminal gang in South Africa who kidnapped a teenage boy on sunday are demanding a ransom in bitcoin cryptocurrency of nearly 120,000 dollars, police said.

police spokesperson Leonard Hlathi said, Katleco Marite, 13 was dragged into a car while playing with his two friends near home in Witbank, a town in the eastern province of Mpumalanga on sunday afternoon.

they demanded that the family should deposit the sum of 15 bitcoins, not in rands, he told hypenews.

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