A Canadian family suffered a violent home invasion and lost 1.6 million dollars in Bitcoin.

Odaily News A family residing in British Columbia, Canada, was the victim of a home invasion robbery in April 2024. Four masked criminals disguised as postal workers entered the victim family's residence, subjected the parents to water torture and beatings, and forced their 18-year-old daughter to take nude photos. The 13 hours of violent coercion ultimately resulted in the family losing Bitcoin worth $1.6 million. One suspect from Hong Kong was sentenced to 7 years in prison for his involvement in the case; he revealed that he was hired to participate in the crime for a reward of CAD 50,000. Currently, the other three suspects remain at large. Police have warned that as crypto asset investors become targets of organized crime, similar incidents may continue to occur. (ibtimes)