Hong Kong’s man was sentenced to 7 years imprisonment in Canada for his participation in the violent invasion of a British Columbia home that resulted in a family being tortured, and $1.6 Million in Bitcoins stolen.
Tszwing Boaz, Chan 35, travelled from Hong Kong in 2024, to Vancouver to participate in the attack that authorities meticulously planned. say involved Extreme violence, sexual abuse, and psychological torment over the course of a 13-hour ordeal.
The targeted family’s home in Port Moody was invaded by four men on April 27th 2024. Two of them were dressed as Canada Post employees. According to CBC, the attackers held the wife, husband and daughter hostage, threatening them with their lives, forcing her to pretend to be sexually assaulted. reporting.
Intruders waterboarded and beaten the husband in front of his wife, while threatening to use more violence against him if he refused to give them access.
Court documents describe the attackers’ demands escalating from 200 bitcoin — worth roughly $26 million at the time — to 100 bitcoin, ultimately withdrawing about $1.6 million.
The crime was committed after several weeks of surveillance. This included the installation of cameras at the front door. A man with a disguised phone voice coordinated and threatened the attackers.
She escaped around 8 am the next morning, alerted police and ended the ordeal. Chan was later identified by police through CCTV and DNA evidence, despite his return to Hong Kong before identification. When he returned to Canada several months later, he was arrested.
The Bitcoin theft was ‘elaborately planned’
Judge Robin McQuillan has called the crime “elaborately planned” The impact on the family’s emotional well-being and finances was noted. The victim impact statements highlight the trauma that continues to affect the family: the daughter says she feels unsafe in her home and the father describes losing years of savings he had hoped would support his wife, children, and pay multiple mortgages.
Family is important. continues to struggle With the aftermath including psychological impacts of nude video and social media threats.
Chan, an unemployed sailor, was reportedly paid $50,000 to take part in the heist. He has now been ordered by the court to pay back the money. Chan, a former waiter and out-of-work sailor, was seen visibly upset by the court during his sentencing. The judge noted that Chan had been struggling with prison violence, language barriers, back pain, etc.
After calculating the time already spent in prison, it is likely that he will spend five years more behind bars.
This attack was part of a larger trend known As well as “wrench attacks,” In which Bitcoin and Crypto holders and their Families are targeted Digital assets are highly valuable and irreversible, making them a perfect ransomware.
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Source: bitcoinmagazine.com
