Philippine police cracked a kidnapping and extortion case, where the Chinese citizen victim was demanded $1 million and transferred over $400,000 in cryptocurrency assets.

Techub News reported, according to ABS-CBN, that Philippine police recently rescued a Chinese citizen who was illegally detained by Chinese suspects in an apartment in Pasay City, apprehending 2 individuals involved on the spot, with 2 others still at large. The police disclosed that the suspects had threatened the victim with physical harm and organ trafficking, demanding a ransom of $1 million. The victim had already been forced to transfer over $400,000 in cryptocurrency assets. Police seized items such as tape, knives, and handcuffs at the scene. Charges related to kidnapping and extortion will be filed according to the law, and the case is still under further investigation.