74-Year-Old California Man Missing; Kidnapping Suspected Over Family Crypto Fortune

Authorities in San Bernardino County are investigating the disappearance of 74-year-old Naiping Hou, who vanished in early May under circumstances tied to his family's cryptocurrency holdings. His silver Toyota Yaris was found abandoned near a hiking trail in Rancho Cucamonga days after he left home without his phone.

Fraudulent activity in Hou's bank accounts has been uncovered, with evidence suggesting impersonation. An unknown individual used Hou's phone to communicate with his family, escalating fears of a kidnapping. No suspects have been identified, but foul play remains a possibility.

Wen Hou, the missing man's son and a hedge fund Chief Investment Officer, has offered a $250,000 reward for information leading to his father's safe return. The case highlights the risks associated with high-profile crypto wealth.