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First kidnapping to demand payment in bitcoins
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First kidnapping to demand payment in bitcoinsPosted:
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The kidnappers had threatened to dig out the eyeballs or chop off the legs of the Pearl Oriental Oil chairman -also known as Wong Yuk-kwan if his family did not pay a HK$70 million ransom in bitcoins, said Taiwanese police, who rescued the 68-year-old on Tuesday night.
The accused fraudster was found in an abandoned house in Kouhu township, Yunlin county, in western Taiwan, after 38 days in captivity.
"I thought I was going to die" were his first words after the rescue.
He was blindfolded and his ankles were cuffed when police found him. He was wearing a white shirt and shorts and sitting on a mattress.
Wong was frightened when officers stormed in but calmed down when told that things would be okay.
Officers initially thought they had rescued the wrong man as he had sunken cheeks that had been burned by cigarettes and looked different to photographs.
He told his rescuers: "You guys are finally here. I am Wong Kwan. Please save me!"
The kidnappers had threatened to harm Wong as his family had paid only HK$13 million by the ransom deadline on Friday, putting pressure on police to take action.
Fifteen Taiwanese, including local triad members and a village chief, have been arrested. But police suspect a cross-border syndicate is run from the mainland, Hong Kong and Taiwan, and that the main culprits are still at large.
Kidnappers got paid 5,600 BTC out of a requested 30k.
The kidnappers had threatened to dig out the eyeballs or chop off the legs of the Pearl Oriental Oil chairman -also known as Wong Yuk-kwan if his family did not pay a HK$70 million ransom in bitcoins, said Taiwanese police, who rescued the 68-year-old on Tuesday night.
The accused fraudster was found in an abandoned house in Kouhu township, Yunlin county, in western Taiwan, after 38 days in captivity.
"I thought I was going to die" were his first words after the rescue.
He was blindfolded and his ankles were cuffed when police found him. He was wearing a white shirt and shorts and sitting on a mattress.
Wong was frightened when officers stormed in but calmed down when told that things would be okay.
Officers initially thought they had rescued the wrong man as he had sunken cheeks that had been burned by cigarettes and looked different to photographs.
He told his rescuers: "You guys are finally here. I am Wong Kwan. Please save me!"
The kidnappers had threatened to harm Wong as his family had paid only HK$13 million by the ransom deadline on Friday, putting pressure on police to take action.
Fifteen Taiwanese, including local triad members and a village chief, have been arrested. But police suspect a cross-border syndicate is run from the mainland, Hong Kong and Taiwan, and that the main culprits are still at large.
Kidnappers got paid 5,600 BTC out of a requested 30k.
The following 1 user thanked Dapzer for this useful post:
Skittle (11-02-2015)
#2. Posted:
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Maybe if they used that money here for gifting gold they will receive the rank 'Early Adapter' :trollin:
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#3. Posted:
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TrapNation wrote Maybe if they used that money here for gifting gold they will receive the rank 'Early Adapter' :trollin:
Oh my god... XD This made my day.. Haha **** up, but funny as hell!
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#4. Posted:
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Sounds ideal in theory but very few people know about crypto currencies and even fewer are in the possession of such.
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#5. Posted:
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108 wrote Sounds ideal in theory but very few people know about crypto currencies and even fewer are in the possession of such.
In theory? It worked. They got their ransom, just a bit less than they were asking.
Also, there is over $4,800,000,000 (that is 4.8 billion) worth of bitcoins in circulation.
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