The post Hong Kong national faces 7-year sentence after guilty verdict for role in crypto theft appeared com. A Hong Kong national has pleaded guilty to an elaborate attack involving breaking and entering, unlawful confinement, and sexual assault in an attempt to steal digital assets. As a result of the plea, the suspect, who was part of the gang that carried out the act, has been sentenced to seven years in prison. According to reports, the gang robbed a B. C. cryptocurrency investor who is known for his boasts online, taking $2 million in BTC from him after subjecting his family to different kinds of attacks. These attacks included waterboarding, sexual assault, and death threats. The gang came in masks, with the family only able to recognize them as “One,” “Two,” “Three,” and “Four.” Hong Kong national sentenced to prison According to reports, the details of the horrifying attacks were revealed by a B. C. Provincial court judge who sentenced Tsz Wing Boaz Chan, a 35-year-old Hong Kong national. Judge Robin McQuillan said the Hong Kong national and three others held the family at gunpoint, beating and threatening the crypto investors while forcing his daughter to strip naked in a video next to her open passport. The criminals threatened to post it on social media if they went to the police, while a man with a disguised voice at the other end of the phone demanded 200 Bitcoins, which was worth around $26 million. However, the man could not come up with the demands, so the criminals settled for the $2 million from accounts they could access. “Within the Chinese community in B. C., [the investor] has boasted and exaggerated about his success with cryptocurrency investments,” McQuillan wrote. “[He] explained to the man on the phone that he had exaggerated his success and that he had lost his cryptocurrency in 2018 in a scam.” According to several reports, the criminals had.
