Chicago family held hostage in $15M crypto kidnapping

-

Six men have been charged in connection with a crime, which sounds like something straight out of a Hollywood thriller, after a family and their nanny were kidnapped and forced to transfer $15 million in crypto.

The garage door ruse

Per the news of the Chicago Tribune, citing unsealed FBI documents, the nightmare began with a simple knock on the family’s townhouse door.

The kidnappers pretended they had accidentally damaged the garage door, and when the door was opened, they forced their way inside with guns.

The kidnappers allegedly forced the family into a van and took them to an Airbnb about an hour away.

They spent one night there before being moved to yet another house. Apparently, these guys were serious about not being found.

Crypto ransom or else…

The kidnappers demanded ransom payments in Bitcoin, Ethereum, and other cryptocurrencies, threatening to kill the victims if they didn’t comply. One of the victims managed to contact his father via WeChat, alerting him to the situation.

After five long days in captivity, the victims were released near a dry cleaner. They then called an Uber to take them to a local hospital.

$9 million still missing, one suspect caught, others fled to China?

While it’s claimed $15 million worth of cryptocurrencies was transferred, officials have only accounted for $6 million so far. Where’s the other $9 million?

The six suspects were charged on December 13. Only one of them, 34-year-old Zehuan Wei, was arrested while attempting to re-enter the U.S. from Mexico on January 17.

The other five men, including Fan Zhang, Huajing Yan, Shengnan Jiang, Shiqiang Lian, and Ye Cao, are believed to have fled to China after Wei’s arrest.

X

Before pressing charges, officials collected evidence from surveillance footage at the Airbnb, examined crypto wallets, and analyzed the contents of a white Ford van.

DNA swabs were also taken from a white Chrysler Pacifica that Wei had rented.

The FBI is still on the hunt, trying to track down the missing millions and bring the remaining suspects to justice.

Have you read it yet? Coinbase goes back to India?

LATEST POSTS

Solana’s corporate takeover is inching closer?

Forget waiting on the usual tech giants to drop Bitcoin into their balance sheets. Nah, the real players, some public companies you might barely know,...

Crypto’s $100K moment? Not so fast, Morgan Stanley isn’t sold yet

Bitcoin broke through the $100,000 ceiling and Ether reached a new ATH not so long ago. Wall Street’s all in, ETFs are pouring billions into...

Anchorage Digital rolls out venture arm

You wanna hear about a new player stepping into the crypto jungle? Anchorage Digital just pulled the trigger on a brand-new venture capital unit. They’re...

SEC puts the brakes on these spot crypto ETFs

The SEC ain’t moving fast on this crypto ETF train. The big regulatory boss just hit pause again on two spot crypto ETFs, the Canary...

Most Popular

Guest posts