Bitcoin Journal
Bitcoin Crime: House Invasion, Sexual Assault, and $1.6 Million Theft Leads to 7-12 months Sentence
A Hong Kong man has been sentenced to seven years in a Canadian jail for taking part in a violent residence invasion that left a British Columbia household tortured and robbed of $1.6 million in Bitcoin.
Tsz Wing Boaz Chan, 35, flew from Hong Kong to Vancouver in early 2024 to participate within the meticulously deliberate assault, which authorities say concerned excessive violence, sexual assault, and psychological torture over a 13.5-hour ordeal.
On the night of April 27, 2024, 4 males, two wearing Canada Publish uniforms, gained entry to the Port Moody residence of the focused household. The attackers restrained the husband, spouse, and younger daughter, threatening their lives and forcing the daughter to simulate sexual assault whereas underneath duress, in accordance with CBC reporting.
The intruders additionally waterboarded the spouse in entrance of her husband and beat him bare, threatening additional violence if he didn’t present entry to his cryptocurrency accounts.
Court docket paperwork describe the attackers’ calls for escalating from 200 bitcoin — value roughly $26 million on the time — to 100 bitcoin, finally withdrawing about $1.6 million.
They carried out the crime after weeks of surveillance and planning, together with planting cameras exterior the household’s residence. The attackers communicated by way of a person utilizing a disguised voice over the telephone, coordinating the assault and issuing threats.
The daughter escaped at round 8 a.m. the next morning and alerted authorities, ending the ordeal. Police later linked Chan to the crime by way of CCTV footage and DNA, though he had returned to Hong Kong previous to identification. He was arrested when he got here again to Canada months later.
The Bitcoin theft was ‘elaborately deliberate’
Choose Robin McQuillan known as the crime “elaborately deliberate” and famous the profound emotional and monetary penalties for the household. Sufferer affect statements highlighted the continuing trauma: the daughter stated she now feels unsafe at residence, whereas the daddy described shedding a long time of financial savings supposed to assist his household and repay a number of mortgages.
The household continues to wrestle with the aftermath, together with the psychological affect of nude movies and threats of social media publicity.
Chan, an out-of-work sailor and former waiter, reportedly obtained about $50,000 for his position within the heist and has been ordered to repay the quantity. Throughout sentencing, the decide noticed that Chan was visibly distraught, noting his struggles with jail violence, again ache, and language boundaries.
Accounting for time already served, he faces 5 extra years in custody.
The assault is a part of a broader pattern generally known as “wrench assaults,” through which bitcoin and crypto holders and their households are focused globally for ransom as a result of irreversibility and excessive worth of digital belongings.
This put up Bitcoin Crime: House Invasion, Sexual Assault, and $1.6 Million Theft Leads to 7-12 months Sentence first appeared on Bitcoin Journal and is written by Micah Zimmerman.
