A tragic tale of kidnapping, murder, and Bitcoin

Costa Rican news outlets have been reporting a tragic story of a kidnapping that has a very interesting cryptocurrency twist. 12 people have been arrested in Costa Rica and Spain in connection with the kidnapping (and suspected murder) of American entrepreneur William Sean Creighton, who disappeared in September 2018 and hasn’t been seen since. Creighton’s family were contacted by the kidnappers and asked to pay a ransom of $5 million USD in Bitcoin, but they were only able to pay $1 million. Despite making a transfer, Creighton was not released, and is now presumed dead. The story has caught the public’s attention for many reasons, not only because kidnappings are rare in Costa Rica, but also because the identity of those arrested, which include the main suspect, his girlfriend, his wife, and his grandmother. The fact that the band included two policemen is also an indication of the appalling degree of corruption that plagues law enforcement in my county of…

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