Kidnapped South African Liyaqat Parker Released for 50 Bitcoins Ransom

Kidnapped South African Liyaqat Parker Released for 50 Bitcoins Ransom

Bitcoins Ransom

Bitcoins Ransom. A South African business tycoon whose captors had professedly requested bitcoins as payment has been liberated.

Liyaqat Parker, an agent situated in Cape Town, South Africa, was discharged on Monday as per an announcement issued by his family. Be that as it may, the conditions of his discharge, including whether the bitcoin emancipate was paid, stay vague as his family declined to reveal additional data.

The Cape Town businessperson was captured barely two months prior and his captors apparently requested 50 bitcoins before they could discharge him as per The South African. Parker, who is the proprietor of South Africa’s Foodworld grocery store chain, was hailed at gunpoint by five men as he was heading to his business premises. At the time, notwithstanding, Parker’s family denied that a payoff request, in bitcoin or something else, had been made.

“The family is sitting tight for the criminals to get in touch with them. They have not gotten contact from anyone requesting anything,” Walid Dark colored, a representative for the family said at the time as indicated by The Occasions. “[There has been] bunches of data from individuals that have tips‚ they’ve had several calls yet no solid data.”

Because of its generally unknown nature, bitcoin has demonstrated famous as a methods for paying payoff other than money. A year ago in December, for example, an expert at crypto trade EXMO, Pavel Lerner, was abducted in the Ukrainian capital Kiev and a payment of US$1 million in bitcoin requested by his captors.

Dissimilar to in the Liyaqat Parker situation where the conditions of his discharge stay misty, the bitcoin deliver for Lerner was really paid however as CCN detailed at the time, it was not cleared up whether the payoff was paid by Lerner, his family or his boss. At the season of the occurrence, the EXMO cryptographic money trade had around 900,000 clients.

NB – I strongly believe that using Bitcoins for ransom popularly known as Bitcoins Ransom will be checked and tracked soon.

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