WEB3
by BSCN
July 11, 2024
The boy was safely rescued from a housing estate early Thursday morning. Chief Superintendent Kwan King-pan stated that the suspects were caught during the rescue operation.
Police in Hong Kong arrested two women from mainland China last week for abducting a three-year-old boy. The incident occurred in Tseung Kwan O, where the boy was taken from a shopping mall on July 3.
The kidnappers demanded a ransom of US$660,000 in USDT (Tether), equivalent to HK$5.15 million. On Thursday morning, police rescued the boy from a housing estate in Tseung Kwan O.
The abduction happened at TKO Plaza shopping mall the previous afternoon. Local media shared images online showing ransom messages sent to the victim’s family, demanding the hefty sum in cryptocurrency.
Chief Superintendent Kwan King-pan of the Organised Crime and Triad Bureau reported that the suspects, both 38-year-old women, forcibly took the boy away, placing him in a stroller. They then transferred him into a large suitcase at a nearby park before taking him to a residential unit.
The unemployed suspects were arrested during a break-in to rescue the boy. One of the women held a Hong Kong ID card, while the other was visiting on a travel permit.
Kwan indicated that financial difficulties might have driven the suspects to commit the crime. The pair had planned the abduction, as evidenced by their preparation of the stroller and suitcase. However, the investigation has not yet established a link between the suspects and the victim.
This incident is the latest in a series of crypto-related attacks and kidnappings in Hong Kong and other regions. For example, the Philippines recently saw a series of kidnappings where the ransom was demanded in cryptocurrency.
On June 20, two Chinese nationals, Xia Kefu and Sun Jing, were kidnapped in the Philippines. Their families were asked to raise 15 million yuan (approximately $2 million) in USDT. Despite a ransom payment, the victims were found dead near Manila on June 27.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Latest News
4h : 47m ago
How Solana Memecoin $MIRA Helped Fund Cancer Research?
5h : 47m ago
Aethir Partners with Injective to Launch the World’s First Tokenized GPU Marketplace
7h : 47m ago
Bitwise Files to Launch Bitcoin Standard ETF Targeting Companies with Large Bitcoin Holdings
December 26, 2024
Thailand Explores Bitcoin Pilot Project in Phuket to Boost Tourism
December 26, 2024
FLOKI DAO Proposes Launch of Europe-Based ETP on SIX Swiss Exchange
December 25, 2024
Binance's 63rd Launchpool Project: What is Bio Protocol (BIO)?
December 25, 2024
Crypto Adoption in South Korea Reaches Over 30% of the Population: Report
December 24, 2024
Binance Labs’ New Investment: What is Usual?