Close Menu
    What's Hot

    Democrats File Amendments to Crypto Market Structure Bill

    January 24, 2026

    Can Bitcoin Revisit $97,600? Glassnode Says Watch This

    January 24, 2026

    Ethereum Whales’s $15 Million Move, Is This Another Insider Trader?

    January 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Democrats File Amendments to Crypto Market Structure Bill
    • Can Bitcoin Revisit $97,600? Glassnode Says Watch This
    • Ethereum Whales’s $15 Million Move, Is This Another Insider Trader?
    • U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties
    • Here’s How Ethereum Staking Transforms Into A Multi-Billion-Dollar Bet For Bitmine Immersion
    • FBI arrests ex-Olympian drug ‘kingpin’ who allegedly used crypto to move proceeds
    • SEC dismisses lawsuit against billionaire Winklevoss twins-backed Gemini over Earn product
    • Record Long-Term Bitcoin Supply Enters Market — What’s Next?
    Facebook X (Twitter) Instagram
    Tokatik – Latest Crypto News, Market Insights & Crypto Products
    • Home
    • Shop
    • Altcoins
    • Bitcoin
    • Ethereum
    • Exchanges
    • Market Updates
    • NFTs
    • DeFi
    • Regulations
    Tokatik – Latest Crypto News, Market Insights & Crypto Products
    Home»Bitcoin»Home Invasion And $1.6M Bitcoin Theft Nets 7-Year Sentence
    Bitcoin

    Home Invasion And $1.6M Bitcoin Theft Nets 7-Year Sentence

    8okaybaby@gmail.comBy 8okaybaby@gmail.comNovember 25, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Home Invasion And .6M Bitcoin Theft Nets 7-Year Sentence
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A Hong Kong man has been sentenced to seven years in a Canadian prison for participating in a violent home invasion that left a British Columbia family tortured and robbed of $1.6 million in Bitcoin.

    Tsz Wing Boaz Chan, 35, flew from Hong Kong to Vancouver in early 2024 to take part in the meticulously planned attack, which authorities say involved extreme violence, sexual assault, and psychological torture over a 13.5-hour ordeal.

    On the evening of April 27, 2024, four men, two dressed in Canada Post uniforms, gained entry to the Port Moody home of the targeted family. The attackers restrained the husband, wife, and young daughter, threatening their lives and forcing the daughter to simulate sexual assault while under duress, according to CBC reporting.  

    The intruders also waterboarded the wife in front of her husband and beat him naked, threatening further violence if he did not provide access to his cryptocurrency accounts.

    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.

    They carried out the crime after weeks of surveillance and planning, including planting cameras outside the family’s home. The attackers communicated through a man using a disguised voice over the phone, coordinating the assault and issuing threats.

    The daughter escaped at around 8 a.m. the following morning and alerted authorities, ending the ordeal. Police later linked Chan to the crime through CCTV footage and DNA, although he had returned to Hong Kong prior to identification. He was arrested when he came back to Canada months later.

    The Bitcoin theft was ‘elaborately planned’

    Judge Robin McQuillan called the crime “elaborately planned” and noted the profound emotional and financial consequences for the family. Victim impact statements highlighted the ongoing trauma: the daughter said she now feels unsafe at home, while the father described losing decades of savings intended to support his family and pay off multiple mortgages. 

    The family continues to struggle with the aftermath, including the psychological impact of nude videos and threats of social media exposure.

    Chan, an out-of-work sailor and former waiter, reportedly received about $50,000 for his role in the heist and has been ordered to repay the amount. During sentencing, the judge observed that Chan was visibly distraught, noting his struggles with prison violence, back pain, and language barriers. 

    Accounting for time already served, he faces five more years in custody.

    The attack is part of a broader trend known as “wrench attacks,” in which bitcoin and crypto holders and their families are targeted globally for ransom due to the irreversibility and high value of digital assets. 

    1.6M 7Year Bitcoin Home Invasion Nets Sentence Theft
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    8okaybaby@gmail.com
    • Website

    Related Posts

    Can Bitcoin Revisit $97,600? Glassnode Says Watch This

    January 24, 2026

    Record Long-Term Bitcoin Supply Enters Market — What’s Next?

    January 23, 2026

    How Will It Affect Bitcoin Price?

    January 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    About Us

    Welcome to Tokatik.com, your go-to source for the latest in cryptocurrency news, insights, and trends. Our mission is to provide accurate, timely, and comprehensive coverage of the ever-evolving world of digital currencies.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Democrats File Amendments to Crypto Market Structure Bill

    January 24, 2026

    Can Bitcoin Revisit $97,600? Glassnode Says Watch This

    January 24, 2026

    Ethereum Whales’s $15 Million Move, Is This Another Insider Trader?

    January 24, 2026
    Recent Posts
    • Democrats File Amendments to Crypto Market Structure Bill
    • Can Bitcoin Revisit $97,600? Glassnode Says Watch This
    • Ethereum Whales’s $15 Million Move, Is This Another Insider Trader?
    • U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties
    • Here’s How Ethereum Staking Transforms Into A Multi-Billion-Dollar Bet For Bitmine Immersion
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
    © 2026 tokatik.com . Designed by by pro.

    Type above and press Enter to search. Press Esc to cancel.