• 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

a year 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

Richtech Robotics Shares Surge on Microsoft AI Collaboration

chest

Richtech Robotics Inc announces a strategic collaboration with Microsoft to enhance its robotic systems with AI capabilities.

user avatarAyman Ben Youssef

Yuno and Cryptocom Join Forces to Simplify Crypto Payments for Merchants

chest

Yuno has partnered with Cryptocom to integrate Cryptocom Pay, enabling merchants to accept cryptocurrency easily alongside traditional payment methods.

user avatarTando Nkube

Yuno's Integration with Cryptocom Streamlines Crypto Payments for Merchants

chest

Yuno's partnership with Cryptocom integrates crypto payments into existing checkout systems, simplifying the process for merchants and consumers.

user avatarKofi Adjeman

XLM Breaks Support Amid Market Pressure

chest

Stellar's XLM has fallen below a critical support level as selling pressure continues, despite signs of a potential rebound.

user avatarSatoshi Nakamura

Technical Indicators Suggest Possible 20% Rebound for XLM

chest

Bollinger Bands indicate a potential 20% price recovery for XLM, despite weak trading volume.

user avatarNguyen Van Long

Peter Steinberger Speaks Out Against Crypto Harassment

chest

Peter Steinberger, the developer of Moltbot, speaks out against harassment from the cryptocurrency community linking him to unauthorized meme coins.

user avatarJesper Sørensen

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.