A Chinese man was kidnapped in Malaysia and his family paid a ransom worth $1.2 million in virtual currency

According to BlockBeats, on August 15, according to Caixin.com, Malaysian police recently cracked a kidnapping case involving Chinese citizens. The victims were a Chinese man and a local woman who were kidnapped after arriving in Malaysia in July. After their families paid a ransom of US$1.2 million (approximately RMB 8.62 million) through virtual currency, the two victims were released.

During the investigation, the police had a fierce gun battle with the kidnappers in Skudai, Johor, and eventually shot and killed four kidnappers. In addition, the police recovered about US$373,000 (about RMB 2.68 million) in cash, and vehicles, watches, jewelry and other items worth about US$700,000 (about RMB 5.02 million). The mastermind of the case was the victim's private driver.