A Chinese real estate executive was killed in Cambodia after his family was unable to pay a $2 million cryptocurrency ransom demanded by kidnappers following his abduction in Phnom Penh.

Yang Weixin, 53, was seized from his apartment building on May 29 and his body was discovered around 14 hours later inside an abandoned vehicle near a rubbish dump in Phnom Penh’s Dangkao district.

Investigators said the kidnappers used Yang’s mobile phone at about 3 a.m. on May 30 to demand the ransom in cryptocurrency, but communication ceased after his wife told them she could not raise the funds.

Security camera footage reviewed by authorities reportedly showed three men forcing Yang into a vehicle at about 8 p.m. on May 29 before driving away from…