BlockBeats news, on May 19, according to Xinhua News Agency, the Hangzhou Shangcheng District People's Court recently ruled in a special extortion case. An engineer originally engaged in network security used a Trojan virus to 'hack' into the corporate network system, demanding cryptocurrency as 'ransom.'
By the end of 2023, the head of the technical department of a medical institution in Hangzhou received calls from various departments reporting that the system could not log in normally. After verification, it was found that a total of 89 servers in the company were unable to operate, and business was completely paralyzed. It was reported that three victim companies spent more than 330,000 yuan to purchase cryptocurrency from a third party to restore normal operations.
After the suspect was apprehended, he confessed to the crime of extortion using a Trojan virus. On September 11, 2024, the Shangcheng District People's Procuratorate filed public prosecution against Qi and three others for extortion and violating citizens' personal information. In March 2025, the case was heard in the Shangcheng District People's Court. Recently, the four defendants were sentenced to fixed-term imprisonment ranging from three years to seven years and six months, and fined. This judgment has now taken effect.