Kidnappers Demand Ransom Be Paid With Bitcoin

Costa Rican tabloid Diario Extra reports the kidnapping of Canadian man Piercy Bate Ryan Craig. Craig, who is featured as a Costa Rican importer on the website ImportGenius, is being ransomed for a total of US $500,000 payable in bitcoin.

While it's not evident that the kidnappers are regular readers of the #bitcoin-assets logs, it's clear that this attempt to extort bitcoin in exchange for the release of a prisoner won't be the last and is something sure to grow as would be kidnappers realise the superiority of bitcoin over fiat when demanding ransoms.

3 thoughts on “Kidnappers Demand Ransom Be Paid With Bitcoin

  1. Looking back on that piece of history, I really though MP's foresight was for a more distant future time. Although Bitcoin is still a baby, it seems to grow quite rapidly.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>