Chinese Executive Killed in Cambodia Over Unpaid $2M Crypto Ransom

A Chinese real estate executive, Yang Weixin, was murdered in Cambodia after his family failed to meet a $2 million crypto ransom demand, according to BeInCrypto. Cambodian police reported that Yang was abducted from his Phnom Penh apartment on May 29 and found dead 14 hours later in an abandoned car. The kidnappers, who remain at large, demanded the ransom using Yang's phone, but his family could not raise the funds. This incident is part of a rising trend of physical attacks on crypto holders, with a 41% increase in such cases reported by security firm CertiK in early 2026.