Chinese developer murdered in Cambodia after $2M crypto ransom demand

A Chinese real estate developer, Yang Weixin, 53, was murdered in a kidnapping case where the perpetrators demanded a $2 million ransom in cryptocurrency, BeInCrypto reported, citing Cambodian police. Yang was abducted from his apartment in Phnom Penh on May 29 and was found dead approximately 14 hours later in an abandoned vehicle in the Dangkao district. The kidnappers used the victim's mobile phone to demand the crypto payment from his family. Police have classified the incident as a premeditated kidnapping for ransom resulting in murder and are currently investigating. Three suspects remain at large.