{"id":22818,"date":"2022-04-01T12:10:46","date_gmt":"2022-04-01T11:10:46","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=22818"},"modified":"2022-04-01T12:10:54","modified_gmt":"2022-04-01T11:10:54","slug":"chinese-government-jails-kidnappers-bitcoin","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/chinese-government-jails-kidnappers-bitcoin\/","title":{"rendered":"Chinese Government Jails Kidnappers Over  Bitcoin Ransom Demand"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">The Chinese Government has jailed four suspected kidnappers for allegedly kidnapping one person and demanding &#8220;<a href=\"https:\/\/coinscreed.com\/staging\/bitcoin-the-crypto-market-fall-5-as-eu-passes-rules-prohibiting-private-crypto-transactions.html\" target=\"_blank\" data-type=\"post\" data-id=\"22761\" rel=\"noreferrer noopener\">hundreds of bitcoins<\/a>&#8221; as a ransom payment.<\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-1024x614.png\" alt=\"Chinese Government Jails Kidnappers Over  Bitcoin Ransom Demand\" class=\"wp-image-22821\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-1024x614.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-300x180.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-768x461.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-150x90.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-750x450.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1-1140x684.png 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-1.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Chinese Government Jails Kidnappers Over  Bitcoin Ransom Demand<\/figcaption><\/figure><\/div>\n\n\n\n<p>While the claimed kidnapping is said to have occurred in the Philippines, the two countries' collaboration finally led to the Chinese kidnappers' arrest\u00a0and eventual sentencing.<\/p>\n\n\n\n<p>According to the Chinese Embassy in the Philippines,<a href=\"https:\/\/www.google.com\/search?q=Chinese+Government+Jails+Kidnappers+Over++Bitcoin+Ransom+Demand&source=lmns&bih=545&biw=1242&rlz=1C1RLNS_enNG985NG985&hl=en&sa=X&ved=2ahUKEwj7_MzR2_L2AhUJQPEDHSivAkIQ_AUoAHoECAEQAA\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=Chinese+Government+Jails+Kidnappers+Over++Bitcoin+Ransom+Demand&source=lmns&bih=545&biw=1242&rlz=1C1RLNS_enNG985NG985&hl=en&sa=X&ved=2ahUKEwj7_MzR2_L2AhUJQPEDHSivAkIQ_AUoAHoECAEQAA\" rel=\"noreferrer noopener\"> four Chinese individual<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>s have been arrested and charged with kidnapping and seeking bitcoin as a ransom payment. Two of the defendants, Liu and Zhang, were sentenced to eight and twelve years in jail, respectively. Cong and Jia, the surviving two, were given life sentences.<\/p>\n\n\n\n<p>The four are suspected of kidnapping an individual identified as &#8220;Su&#8221; in the Philippines in August 2019, according to a statement made by the Embassy. The kidnappers demanded <a href=\"https:\/\/coinscreed.com\/staging\/bitcoin-stalls-after-reaching-48000-whale-activity-remains-strong.html\" target=\"_blank\" data-type=\"post\" data-id=\"22522\" rel=\"noreferrer noopener\">&#8220;hundreds of bitcoins<\/a>,&#8221; which are worth over $3.1 million or more than 20 million yuan, in exchange for Su's safe return.<\/p>\n\n\n\n<p>The Embassy and local law enforcement launched a manhunt for Su's kidnappers as a result of the kidnapping. The four accused were eventually apprehended and brought to court in 2019, according to the statement.<\/p>\n\n\n\n<p>Meanwhile, the Embassy reaffirmed the <a href=\"https:\/\/www.google.com\/search?q=Chinese+Government+Jails+Kidnappers+Over++Bitcoin+Ransom+Demand&source=lmns&bih=545&biw=1242&rlz=1C1RLNS_enNG985NG985&hl=en&sa=X&ved=2ahUKEwj7_MzR2_L2AhUJQPEDHSivAkIQ_AUoAHoECAEQAA\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=Chinese+Government+Jails+Kidnappers+Over++Bitcoin+Ransom+Demand&source=lmns&bih=545&biw=1242&rlz=1C1RLNS_enNG985NG985&hl=en&sa=X&ved=2ahUKEwj7_MzR2_L2AhUJQPEDHSivAkIQ_AUoAHoECAEQAA\" rel=\"noreferrer noopener\">Chinese government's zero tolerance for all illegal and criminal acts<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>, such as online gambling, telecoms fraud, and kidnappings, in the same statement. The Embassy also issued a warning to Chinese residents living in the Philippines, claiming that the Chinese government's cooperation with its counterpart would ensure that all Chinese lawbreakers in the Philippines would be prosecuted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese Government has jailed four suspected kidnappers for allegedly kidnapping one person and demanding &#8220;hundreds of bitcoins&#8221; as a ransom payment. While the claimed kidnapping is said to have occurred in the Philippines, the two countries&#8217; collaboration finally led to the Chinese kidnappers&#8217; arrest\u00a0and eventual sentencing. According to the Chinese Embassy in the Philippines, [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":22828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,21],"tags":[],"class_list":["post-22818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Bitcoins-BTC-Demanded-as-Ransom-Money-by-Kidnappers-1200x720-2.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=22818"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/22818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/22828"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=22818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=22818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=22818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}