Dr. Umar Ardo, who is the chieftain of the Peoples Democratic Party (PDP), reportedly paid $15000 in Bitcoin in ransom to a kidnapper who kidnapped his 24-year-old daughter, Aisha.
Fondly known Ummi, Aisha was kidnapped on Sept 14, 2019, at a shopping mall and Kidnapper released her on Sept 15 after receiving the ransom in the Bitcoin. The value of one BTC is currently worth $10222 against USD.
Bitcoin in Ransom
Since Bitcoin is on the limelight as the leading financial instruments these days, kidnappers demanding bitcoin in ransom is no more a surprise. However, in this case, Dr. Umar Ardo (father of abducted girl) paid $15000 in bitcoin – even if we consider one bitcoin as $10000, the kidnappers have roughly amassed 1.5 BTC within 24Hrs.
However, According to the local media, Dr.Ardo said he wasn’t familiar with the bitcoin and the way to make the payment to get his daughter back from the kidnapper. The father said;
“I told them I don’t know how to do this bit payment but the caller insisted I must learn. I got somebody who paid the money through the wallet account. Within an hour we sent the money and it generated payment evidence which I texted to him.
Fortunately, Kidnapper didn’t harm Aisha. It’s worth noting that the kidnapper targeted the daughter of Mr.Ardo as he appears to possess a high public figure in Nigeria. Notably, Dr.Ardo is a cousin to Atiku Abubakar, who is the Former Vice President of Nigeria.
However the name of the kidnapper wasn’t revealed yet, but the late Sunday night, FCT Police Command states that they began hunting for the kidnappers of Miss Ardo.
Although it is not the first case where Kidnappers demanded ransom in Bitcoin – the most beguiling reason behind bitcoin as Kidnapper’s new choice is ‘the anonymity feature that it bears.’ The transactions via bitcoin will hide the identity parties involved; it is online and decentralized – means that it doesn’t require any central authority to rule or operate the amount transferred between two parties.
It remains to see whether or not police arrested the kidnapper of Miss Ardo.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.