Police in British Columbia warn of rising organized crime risks to crypto investors after a violent $1.6 million Bitcoin theft during a prolonged home invasion.
A British Columbia family lost $1.6 million in Bitcoin in April 2024 after enduring a 13-hour home invasion by four masked men. One suspect from Hong Kong was sentenced to seven years in Canada, while three others remain at large. Police caution that such incidents reflect a growing threat from organized crime targeting cryptocurrency investors.