Reported bitcoin abduction and torture pushed Canadian guy into hiding

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A father of four and volunteer moderator on a crypto site claims he was the victim of an abduction attempt and has since been forced into hiding.

After allegedly being abducted and subjected to torture in an effort to steal his bitcoin, a father of four and administrator on a cryptocurrency community says he was driven into hiding.

According to La Presse on Monday, the Canadian dad, who wished to remain anonymous to protect his children’s identities, said that police warned him that they couldn’t keep his family safe and that they should move since the suspected assailants could be connected to organized crime. The family allegedly made the decision to continue living off of savings and relocating from Airbnb to Airbnb ever since.

Police records and release orders support the arrest of two adults on accusations of conspiracy to kidnap and possession of illegal guns, the media source said. Additionally, two young suspects were taken into custody. The family was concerned for their safety when the accused assailants, who had no criminal history, were freed in March under house arrest awaiting trial.

The event started in early November 2024 when he reportedly locked the door on two masked guys who had approached his house suspiciously and then fled. Days later, when he was dropping his kid off at daycare, the guy saw hooded suspects in a vehicle close to his home. According to reports, the guy was on the phone with the police when the car abruptly swerved on a major route after he had found himself behind it. He said that he used pepper spray in self-defense when the car’s driver came up to him and another brandished a weapon at him.

The victim confirmed that his Bitcoin holdings were only worth around $10,000, but police investigations apparently showed that the assailants somehow assumed the guy held 2.5 million BTC +3.99% based on his social media activity – a number worth billions of dollars. Chloé Leclerc, a criminologist at the University of Montreal, was taken aback by the bail ruling, according to La Presse. In the Canadian criminal justice system, where the presumption of innocence is upheld, incarceration while awaiting trial should, in theory, be the exception, according to the deputy director of the International Center for Comparative Criminology, who also stated that house arrest of suspects is a fairly restrictive condition of release.

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