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Bitcoin Dealer Robbed Throughout an In-Particular person Transaction, Kicked Out of Automobile in Hong Kong

01/07/2021
Bitcoin_Trader_Robbed_During_an_In_Person_Transaction,_Kicked_Out 1

An unnamed 37-year-old man was a sufferer of a theft from a gang of robbers who fled with 15 bitcoin (BTC), price HKD 3 million ($387,000) in money. They agreed to fulfill in particular person for a crypto change transaction.

Six Non-Chinese language Suspects Allegedly Concerned within the Theft

Per the South China Morning Put up, the bitcoin dealer meant to fulfill in particular person in Hong Kong with the alleged consumers after a web-based dialog.

Initially, the unnamed sufferer was paid the HKD 3 million in money as agreed whereas within the robbers’ automobile, as he beforehand transferred 15 BTC to the consumers, outdoors a lodge in North Level, Hong Kong. Based on markets.Bitcoin.com knowledge, 15 BTC is price $519,969 as of press time.

Nonetheless, following the transaction, the robbers kicked the sufferer out of the automobile on a hillside whereas counting the cash, sparking a nationwide search. Based on the police, such an incident occurred after the robbers traveled for greater than 6km and stopped on Tai Tam Street in Chai Wan.

Afterward, three males appeared on the scene, kicked out the sufferer, robbed the money and two cellphones.

Hong Kong police said that the alleged robbers are trying a complete for “six suspects of non-Chinese language ethnicity, aged round 30,” together with the driving force, who’re presumably concerned within the incident.

Reactions From the Crypto Neighborhood

Police sources informed the South China Morning Put up that the theft didn’t contain any weapons, nor struggles that left individuals injured.

As of press time, the Jap district crime squad of Hong Kong is in control of the investigation, as no arrests have been made.

Reacting to the information, Jameson Lopp, CTO of Casa and former software program engineer at Bitgo, issued a brief, however straight-to-the-point suggestion:

Don’t have interaction in six determine head to head bitcoin trades with out an armed escort, people.

Some individuals commented on Lopp’s Twitter thread that in-person bitcoin-related transactions are fairly widespread in some nations, similar to Japan, even involving “giant money trades.”

Do you belief in-person crypto-related transactions? Tell us within the feedback part beneath.

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