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Bitcoin Crime: Home Invasion, Sexual Assault, and $1.6 Million Theft Results in 7-Year Sentence

Bitcoin Magazine
A Hong Kong man received a seven-year sentence in Canada for participating in a violent home invasion and $1.6 million Bitcoin theft.

Summary

Tsz Wing Boaz Chan, 35, was sentenced to seven years in a Canadian prison for his role in a brutal, meticulously planned home invasion in Port Moody, British Columbia, in April 2024. Chan traveled from Hong Kong to participate in the 13.5-hour ordeal where four men, two disguised as postal workers, restrained a family and subjected them to extreme violence, including waterboarding the wife and forcing the daughter to simulate sexual assault under duress. The attackers stole approximately $1.6 million worth of Bitcoin after coercing the husband into providing access to his accounts. The crime, part of a trend known as "wrench attacks" targeting crypto holders, was discovered when the daughter escaped and alerted authorities. Chan was later identified via CCTV and DNA, and despite having returned to Hong Kong, he was arrested upon his return to Canada. Judge Robin McQuillan called the crime "elaborately planned," noting the profound trauma inflicted; Chan, who reportedly received $50,000 for his involvement, must serve five more years after time served.

(Source:Bitcoin Magazine)