July 29, 2021
A cryptocurrency trader was robbed of more than HK$3 million (S$523,000) in cash at knifepoint when he went to meet a bitcoin seller in Hong Kong on Wednesday (July 28) afternoon.
The 39-year-old trader from South Korea arrived at Astoria Building on Ashley Road in Tsim Sha Tsui for the exchange at about 6.20pm. He was approached by four men, one of whom attacked him with the knife.
The criminals snatched a bag he was carrying with about HK$3.29 million inside and fled. The trader asked a friend to call police and officers searched the area but failed to locate the suspects.
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Hong Kong cryptocurrency trader targeted in $342k robbery, sparking citywide hunt for suspects
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January 20, 2021
The robbers struck at the Ricky Centre in Kwun Tong.
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Hong Kong police are hunting for a gang of thieves who lured a female cryptocurrency trader to an office for a deal and robbed her of HK$3.5 million (S$600,000) in cash at knifepoint on Monday afternoon.
The robbery – the second such hold-up in two weeks – took place at the Ricky Centre on Chong Yip Street in Kwun Tong around 2.30pm, after the woman met a man posing as a buyer.
She had recently sold the man digital money in three transactions, each involving HK$600,000 to HK$700,000, according to police.
Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They had agreed to meet in person for a crypto exchange transaction.
Six Non-Chinese Suspects Allegedly Involved in the Theft
Per the South China Morning Post, the bitcoin trader intended to meet in person in Hong Kong with the alleged buyers after an online conversation.
Initially, the unnamed victim was paid the HKD 3 million in cash as agreed while in the robbers’ car, as he previously transferred 15 BTC to the buyers, outside a hotel in North Point, Hong Kong. According to markets.Bitcoin.com data, 15 BTC is worth $519,969 as of press time.