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

Six Arrested for Chicago Family Kidnapping and $15 Million Crypto Ransom

user avatar

by A1

3 hours ago


Six individuals are charged with kidnapping a Chicago family and demanding a $15 million cryptocurrency ransom, with only $6 million found. The FBI is leading the investigation, gathering evidence and apprehending one suspect.

Kidnapping and Ransom

In October 2024, armed men stormed a Chicago home. Posing as a concerned neighbor, one suspect entered, claiming garage damage, and took the family, including the father, his son, a family member, and the nanny, hostage. The victims were moved to an Airbnb in Forest Park for five days, with the kidnappers demanding cryptocurrency ransom, threatening them with death if they did not comply.

FBI Investigation

A 44-page affidavit from the FBI illustrates an in-depth investigation including surveillance footage, receipts, and unused zip ties. Security footage from the Airbnb showed suspects arriving in a white van and moving around the property. The FBI also collected DNA evidence and fingerprints from vehicles used in the crime, linking suspects to the case. One alleged kidnapper, Zehuan Wei, was apprehended at the U.S.-Mexico border on January 17.

Rise of Crypto Crimes

This case highlights the increasing role of cryptocurrency in criminal activities, where digital assets offer anonymity and borderless transactions. Recently, Thai and Chinese authorities arrested two Chinese nationals for crypto-related fraud, underlining the growing trend of such crimes.

The disappearance of the remaining $9 million remains a focus for investigators, as cryptocurrency transactions can be traced but are not easily reversed. The case underscores the need for enhanced security in the realm of digital assets.

0

Share

Other news

Sumer Money Expands to Berachain, Enhancing Liquidity in DeFi

Sumer Money achieves $100M TVL and expands to Berachain, enhancing liquidity and capital in DeFi.

user avatarA1

a few seconds ago

ETH: Whales and Institutions Change Dynamics

Ethereum: large scale investor purchase, future price uncertain.

user avatarA1

a minute ago

Metaplanet Boosts Bitcoin Investment After Joining MSCI Japan Index

Japanese company Metaplanet joins MSCI Japan Index by February 2025, known for its Bitcoin acquisition strategy.

user avatarA1

a minute ago

Elon Musk's Efficiency Team to Scrutinize NASA's Budget

Elon Musk has embedded a team within NASA to review expenses and optimize its budget.

user avatarA1

2 minutes ago

Shibarium: Shiba Inu’s Scalable Solution on the Brink of Milestone

Shibarium is close to reaching one billion transactions, potentially impacting SHIB's price.

user avatarA1

2 minutes ago

Bankr Bot Simplifies Crypto Trading and Wallet Management

Bankr Bot offers simplicity in crypto trading and wallet management through messaging.

user avatarA1

3 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.