• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Chicago Kidnapping: Family Forced to Transfer $15 Million in Cryptocurrency

user avatar

by Giorgi Kostiuk

8 months ago


Six individuals have been charged with kidnapping a Chicago family and extorting $15 million in cryptocurrency.

Details of the Kidnapping

The kidnapping occurred in October 2024, when an armed group stormed a Chicago townhouse. One suspect posed as a neighbor claiming to have damaged their garage to gain entry. Once inside, the gang forcibly held a father, his son, a family member, and their nanny. The victims were transported in a white Ford van to an Airbnb rental in Forest Park and later moved to another location, where they were held for five days. The kidnappers demanded ransom in Bitcoin, Ethereum, and other cryptocurrencies, threatening violence.

Case Unraveled: Found Evidence

The FBI conducted a thorough investigation, gathering surveillance footage, receipts, and unused zip ties from rental cars, fast food restaurants, and retail stores. Evidence found at the Forest Park Airbnb included footage showing suspects talking on cell phones and moving around the property. On January 17, one alleged kidnapper, Zehuan Wei, was arrested at the U.S.-Mexico border while trying to re-enter the country. The other five suspects remain at large, believed to have fled to China.

Rise of Crypto Crimes

This case highlights the growing role of cryptocurrency in criminal activities, providing anonymity and borderless transactions. Recently, Thai and Chinese authorities arrested two Chinese nationals, seizing $2.5 million in crypto linked to a scam. The suspects attempted to destroy evidence connected to human trafficking in Cambodia.

This case illustrates the increasing use of cryptocurrency in crimes and the challenges faced in such investigations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

James Wynn's 40x Leverage Bitcoin Position Causes Market Stir

chest

James Wynn executed a 40x leverage Bitcoin position on Hyperliquid, significantly influencing market volatility and attracting attention from the crypto community.

user avatarArif Mukhtar

Innovative Lending Models Introduced by Mutuum Finance

chest

Mutuum Finance is introducing two innovative lending models: peer-to-contract (P2C) and peer-to-peer (P2P), designed to enhance user engagement and cater to different lending needs.

user avatarMaria Gutierrez

AVNT Price Expected to Surge Amid DeFi Rebound

chest

Crypto analyst noncler predicts a significant price increase for AVNT as DeFi gains traction again.

user avatarAndrew Smith

Nigeria Launches First Institute for Interior Design and Product Invention

chest

Nigeria celebrates the launch of the Institute of Professional Interior Designers and Product Inventors (IPIDPI), the first regulatory body for interior design and product invention, aimed at standardizing education and certifying practitioners.

user avatarJacob Williams

October 2025 Market Declines Echo Past Financial Crises

chest

The market declines in October 2025 mirror past events like March 2020's Black Thursday, driven by macroeconomic shocks and leveraged funding.

user avatarZainab Kamara

Financial Times Remains Silent on Canadian Ad Campaign

chest

As of October 28, 2025, Financial Times has not issued any statements or corrections regarding a Canadian advertising campaign.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.