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Fortune
Fortune
Business
Carlos Garcia

Nancy Guthrie family faces $6 million Bitcoin ransom demand: How such a payment would take place

A sign outside of a home with Guthrie’s name on it (Credit: Jan Sonnenmair/Getty Images)

As the search for Nancy Guthrie extends into a second week, more details are emerging about an alleged ransom note demanding a crypto payment. A local Arizona TV station, KGUN9, reported that the alleged kidnappers have demanded $6 million in a Bitcoin payment.

The purported captors demanded that the payment be made by 5 p.m. on Monday, on pain of Guthrie’s life. Savannah Guthrie and her siblings said they would pay a ransom in a video posted to Instagram over the weekend. (Update: The 5 p.m. deadline passed without news of further contact from the alleged kidnappers as of Monday evening).

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