"In the latest in a string of violent crypto robberies, a four-person gang held a Canadian family hostage overnight and stole about $2 million CAD ($1.6 million USD) in Bitcoin. The attackers threatened to kill the family, waterboarded the mother and father, and sexually assaulted their daughter after invading their Vancouver-area home. The crime occurred in April 2024, but the details of the scene were revealed last week in a sentencing report by a British Columbia judge, first reported by CBC."
"The incident follows a trend of physical attacks on people who own Bitcoin and other cryptocurrency. Earlier this year, David Balland, the co-founder of Paris-based crypto wallet firm Ledger, had his finger severed by kidnappers who demanded a ransom. In 2024, there were 24 physical attacks against crypto owners. That number has jumped to more than 60 so far in 2025. That is according to a list compiled by Jameson Lopp, a Bitcoin owner whose home was raided in 2017."
A four-person gang held a Canadian family hostage overnight and stole about $2 million CAD in Bitcoin. The attackers threatened to kill the family, waterboarded the mother and father, and sexually assaulted their daughter in their Vancouver-area home. The crime occurred in April 2024; one defendant, Tsz Wing Boaz Chan, pleaded guilty to breaking and entering, unlawful confinement, and sexual assault. Intruders disguised themselves in Canada Post uniforms and Covid masks, entered after the daughter opened the door, and restrained three family members until the next morning. Physical attacks on crypto owners have risen sharply from 24 in 2024 to over 60 so far in 2025.
Read at Fortune
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