The post Bitcoin Stolen in Canada: Four Attackers Disguised as Deliverymen Sentenced to 7 Years for a Meticulously Planned Home Invasion appeared on BitcoinEthereumNews.com. According to a New York Post report, a Hong Kong resident received a seven-year prison sentence in Canada tied to a brutal home-invasion targeting cryptocurrency assets in British Columbia. Four attackers disguised as delivery personnel carried out a 13.5-hour assault on a family of three, using waterboarding and threats of sexual violence to coerce access to their encrypted wallets, transferring about $1.6 million in Bitcoin. Investigators say the operation was meticulously planned, with weeks of surveillance, cameras around the residence, and reconnaissance aimed at crypto holdings and daily routines. In a bid to erase evidence, the suspects submerged electronics in a bleach solution; the next morning, the victims’ daughter escaped and alerted authorities. The court described the case as an extreme act of violence and a meticulously planned cryptocurrency robbery, underscoring rising risks to asset-rich households and the need for strengthened security around private keys and wallets. Source: https://en.coinotag.com/breakingnews/bitcoin-stolen-in-canada-four-attackers-disguised-as-deliverymen-sentenced-to-7-years-for-a-meticulously-planned-home-invasionThe post Bitcoin Stolen in Canada: Four Attackers Disguised as Deliverymen Sentenced to 7 Years for a Meticulously Planned Home Invasion appeared on BitcoinEthereumNews.com. According to a New York Post report, a Hong Kong resident received a seven-year prison sentence in Canada tied to a brutal home-invasion targeting cryptocurrency assets in British Columbia. Four attackers disguised as delivery personnel carried out a 13.5-hour assault on a family of three, using waterboarding and threats of sexual violence to coerce access to their encrypted wallets, transferring about $1.6 million in Bitcoin. Investigators say the operation was meticulously planned, with weeks of surveillance, cameras around the residence, and reconnaissance aimed at crypto holdings and daily routines. In a bid to erase evidence, the suspects submerged electronics in a bleach solution; the next morning, the victims’ daughter escaped and alerted authorities. The court described the case as an extreme act of violence and a meticulously planned cryptocurrency robbery, underscoring rising risks to asset-rich households and the need for strengthened security around private keys and wallets. Source: https://en.coinotag.com/breakingnews/bitcoin-stolen-in-canada-four-attackers-disguised-as-deliverymen-sentenced-to-7-years-for-a-meticulously-planned-home-invasion

Bitcoin Stolen in Canada: Four Attackers Disguised as Deliverymen Sentenced to 7 Years for a Meticulously Planned Home Invasion

According to a New York Post report, a Hong Kong resident received a seven-year prison sentence in Canada tied to a brutal home-invasion targeting cryptocurrency assets in British Columbia.

Four attackers disguised as delivery personnel carried out a 13.5-hour assault on a family of three, using waterboarding and threats of sexual violence to coerce access to their encrypted wallets, transferring about $1.6 million in Bitcoin.

Investigators say the operation was meticulously planned, with weeks of surveillance, cameras around the residence, and reconnaissance aimed at crypto holdings and daily routines. In a bid to erase evidence, the suspects submerged electronics in a bleach solution; the next morning, the victims’ daughter escaped and alerted authorities.

The court described the case as an extreme act of violence and a meticulously planned cryptocurrency robbery, underscoring rising risks to asset-rich households and the need for strengthened security around private keys and wallets.

Source: https://en.coinotag.com/breakingnews/bitcoin-stolen-in-canada-four-attackers-disguised-as-deliverymen-sentenced-to-7-years-for-a-meticulously-planned-home-invasion

Market Opportunity
CyberKongz Logo
CyberKongz Price(KONG)
$0.00135
$0.00135$0.00135
+0.29%
USD
CyberKongz (KONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
China Launches Cross-Border QR Code Payment Trial

China Launches Cross-Border QR Code Payment Trial

The post China Launches Cross-Border QR Code Payment Trial appeared on BitcoinEthereumNews.com. Key Points: Main event involves China initiating a cross-border QR code payment trial. Alipay and Ant International are key participants. Impact on financial security and regulatory focus on illicit finance. China’s central bank, led by Deputy Governor Lu Lei, initiated a trial of a unified cross-border QR code payment gateway with Alipay and Ant International as participants. This pilot addresses cross-border fund risks, aiming to enhance financial security amid rising money laundering through digital channels, despite muted crypto market reactions. China’s Cross-Border Payment Gateway Trial with Alipay The trial operation of a unified cross-border QR code payment gateway marks a milestone in China’s financial landscape. Prominent entities such as Alipay and Ant International are at the forefront, participating as the initial institutions in this venture. Lu Lei, Deputy Governor of the People’s Bank of China, highlighted the systemic risks posed by increased cross-border fund flows. Changes are expected in the dynamics of digital transactions, potentially enhancing transaction efficiency while tightening regulations around illicit finance. The initiative underscores China’s commitment to bolstering financial security amidst growing global fund movements. “The scale of cross-border fund flows is expanding, and the frequency is accelerating, providing opportunities for risks such as cross-border money laundering and terrorist financing. Some overseas illegal platforms transfer funds through channels such as virtual currencies and underground banks, creating a ‘resonance’ of risks at home and abroad, posing a challenge to China’s foreign exchange management and financial security.” — Lu Lei, Deputy Governor, People’s Bank of China Bitcoin and Impact of China’s Financial Initiatives Did you know? China’s latest initiative echoes the Payment Connect project of June 2025, furthering real-time cross-boundary remittances and expanding its influence on global financial systems. As of September 17, 2025, Bitcoin (BTC) stands at $115,748.72 with a market cap of $2.31 trillion, showing a 0.97%…
Share
BitcoinEthereumNews2025/09/18 05:28
Zero Knowledge Proof Stage 2 Coin Burns Signal a Possible 7000x Explosion! ETH Slows Down & Pepe Drops

Zero Knowledge Proof Stage 2 Coin Burns Signal a Possible 7000x Explosion! ETH Slows Down & Pepe Drops

Explore how experts are pointing to a possible 7000x rise for Zero Knowledge Proof (ZKP) while ETH slows and Pepe moves sideways, driven by ongoing coin burns and
Share
CoinLive2026/01/19 07:00