On: Toronto crypto company CEO kidnapped, held for $1M...

[cbsmith]

It'd be trivial for Bezos to take out a loan for a ransom to buy crypto in a new account, and then transfer it to another crypto account.

[shkkmo → cbsmith]

While being held captive and done in a way that doesn't give away the location of the kidnappers? The larger the loan Bezos takes, the harder that will be.

The extremely wealthy like Bezos have contingency plans and systems for this situation.

[echoangle → shkkmo]

> While being held captive and done in a way that doesn't give away the location of the kidnappers?

I’m assuming it wouldn’t be Bezos himself doing it. You would contact his employees and tell them to get you the crypto if they want him back.

[shkkmo → echoangle]

Which assumes those staff doesn't have instructions on how to handle such a situation.

[echoangle → shkkmo]

Why? Would the instructions be different from „do what the kidnappers say and get the money back from the insurance“?

[shkkmo → echoangle]

Absolutely.

[echoangle → shkkmo]

So what would the instructions be typically?

[cbsmith → shkkmo]

> The extremely wealthy like Bezos have contingency plans and systems for this situation.

Yes. That's the point, the ideal target is one that doesn't have contingency plans, not someone who has crypto.