6 Arrested In Shocking Chicago Kidnapping For Massive Crypto Ransom

6 Arrested In Shocking Chicago Kidnapping For Massive Crypto Ransom

Six men are accused of kidnapping three family members and their nanny from a Chicago townhouse in October 2024 in exchange for a crypto-ransom. Before being freed next to a dry cleaners, the victims were allegedly kept for five days and forced into handing over almost $15 million in Bitcoin (BTC) holdings. Crypto Kidnapping Case […]


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Indian Police Officer Arrested Over Kidnapping Crypto Trader For $40 Million

MUMBAI: Indian authorities arrested a criminal police constable and his seven associates on Wednesday, February 02, 2022. The authorities charged them for kidnapping a local crypto trader to get a bitcoin ransom worth $40 million.  Dilip Tukaram Khandare came to know about a person residing at Pune, the east commercial capital of Mumbai, possessing a […]

China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment

Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually led to the arrest and eventual sentencing of the Chinese kidnappers. A Ransom Demand Four Chinese citizens accused of kidnapping and demanding bitcoin as ransom payment have been jailed, China’s Embassy in the Philippines has said. Two of the accused — namely, Liu and Zhang....

Victim of Brazilian Bitcoin Ransom Kidnapping Plot Rescued

A 32-year-old Brazilian woman was recently rescued by the Civil Police on the east side of São Paulo, Brazil. The woman, married to a bitcoin businessman, was kidnapped in Florianopolis on Wednesday. The ransom was demanded in bitcoin and another unnamed cryptocurrency, according to local publication Diário Catarinense. The kidnappers approached the victim right after she dropped her daughter off at school, 50 meters away from where she lives. While on their way to the city, they kidnappers contacted the victim’s husband demanding the ransom, sending him a video of victim in which she said....

Taiwanese Kidnappers Receive $1.68M Bitcoin Ransom from Billionaire Yuk-Kwan

On October 22, the family of billionaire Pearl Oriental Oil chairman Wong Yuk-Kwan paid Taiwanese kidnappers US$1.68 million in bitcoin after they threatened to “dig out the eyeballs or chop off the legs” of Yuk-Kwan, The Standard HK reports. The 68-year old was abducted on September 20 by two men and was kept in an abandoned house in Kouhu township, Yunlin county in western Taiwan for 38 days, blindfolded and cuffed to a bed. A few days after the abduction, the Taiwanese kidnappers called and sent e-mails to Yuk-Kwan’s wife, asking for US$9 million in bitcoin to be sent in less than two....

Bitcoin Ransom Delivered to Alleged Taiwanese Kidnappers

Following the kidnapping of billionaire Pearl Oriental Oil chairman Wong Yul-Kwan, it has been reported that the family of the business mogul has allegedly paid nearly $2 million in bitcoin to the men responsible for his capture after they sent repeated threats of physical violence towards their hostage. Yul-Kwan had been missing since late September, and was held in captivity for well over a month, blindfolded and handcuffed to a bed in an abandoned house in the Kouhu Township in western Taiwan. It is believed that the kidnappers repeatedly burned Yul-Kwan's face with cigarettes and....