Apple Store hostage taker demanded $226,000 in cryptocurrency as ransom

Before he was apprehended by Amsterdam police, the suspect involved in Tuesday’s Apple Store hostage situation demanded a €200 million (approximately $226 million) ransom paid in cryptocurrencies, Reuters reported on Wednesday. Police say they have yet to establish a motive for the 27-year-old gunman, whose identity they didn’t share. What we know is that he was a resident of the city and had a criminal record before the event. He was also carrying explosives on his person at the time of his arrest.

The gunman was apprehended after his hostage fled the building when a police robot delivered water to the front of the store. Police used a squad car to knock him down, causing him serious injuries. On Wednesday, he died of the injuries he sustained in his arrest. “The hostage played a heroic role by forcing a breakthrough,” according to Amsterdam police chief Frank Pauw. “He acted in a split-second. Had he not done that, we could have been in for a long, nasty night.”

According to Engadget’s research, Wednesday’s incident wasn’t the first time someone demanded a ransom paid in cryptocurrency to end a hostage situation. In 2017, kidnappers in Ukraine released an employee from a cryptocurrency exchange after their demand for a ransom paid in Bitcoin (valued at $1 million at the time) was met.