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Fortune
Fortune
Business
Carlos Garcia

Crypto attack saw victims endure waterboarding, sexual assault in $1.6 million Bitcoin robbery

Illustration of a masked man holding a large Bitcoin.

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. Tsz Wing Boaz Chan, a 35-year-old resident of Hong Kong, pleaded guilty to breaking and entering, unlawful confinement, and sexual assault. The court document did not reveal the identity of the family. 

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