$523 000 USD

JULY 2021




"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." "[H]e went to meet a bitcoin seller in Hong Kong on Wednesday (July 28) afternoon."


"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."


"The victim suffered a cut to his hand and was sent to hospital for treatment. Detectives from the Yau Tsim district crime squad are investigating."

Very few details are available about this theft. The victim was attempting to purchase bitcoin with a large amount of cash in Hong Kong. He was attacked with a knife and his cash was taken. There is no indication that any of the funds were recovered of the theif caught.

Sources And Further Reading

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