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$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught


by CoinEdition
$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught
  • 2 men have been arrested in Hong Kong for stealing $125K.
  • The two men were allegedly running a fake virtual currency exchange shop. 
  • The shop was only a month and a half old.

Hong Kong Police arrested two men in connection with a theft at a digital currency exchange shop in the Sham Shui Po district. The Sham Shui Po Police District Crime Unit apprehended the two men for stealing NT$4 million ($125,000) from the shop on Monday afternoon.

Senior Inspector Leung Wai-hin of the Sham Shui Po Police District Crime Unit said that a 43-year-old man brought around $125,000 in cash to a crypto exchange shop on Cheung Sha Wan Road in Sham Shui Po on Monday afternoon. The man gave the cash to a woman at the counter.

Read also: Hong Kong Solidifies Crypto Hub Status with Bitcoin ETF Growth

Senior Inspector Leung Wai-hin of the Sham Shui Po Police District Crime Unit confirmed that a 43-year-old man brought around $125,000 in cash to a crypto exchange shop in a shopping mall on Cheung Sha Wan Road in Sham Shui Po on Monday afternoon. The man then proceeded to hand over the cash to a woman on the counter. 

The woman went into a room in the store, making the victim…

The post $125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught appeared first on Coin Edition.

Read the article at CoinEdition

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$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught


by CoinEdition
$125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught
  • 2 men have been arrested in Hong Kong for stealing $125K.
  • The two men were allegedly running a fake virtual currency exchange shop. 
  • The shop was only a month and a half old.

Hong Kong Police arrested two men in connection with a theft at a digital currency exchange shop in the Sham Shui Po district. The Sham Shui Po Police District Crime Unit apprehended the two men for stealing NT$4 million ($125,000) from the shop on Monday afternoon.

Senior Inspector Leung Wai-hin of the Sham Shui Po Police District Crime Unit said that a 43-year-old man brought around $125,000 in cash to a crypto exchange shop on Cheung Sha Wan Road in Sham Shui Po on Monday afternoon. The man gave the cash to a woman at the counter.

Read also: Hong Kong Solidifies Crypto Hub Status with Bitcoin ETF Growth

Senior Inspector Leung Wai-hin of the Sham Shui Po Police District Crime Unit confirmed that a 43-year-old man brought around $125,000 in cash to a crypto exchange shop in a shopping mall on Cheung Sha Wan Road in Sham Shui Po on Monday afternoon. The man then proceeded to hand over the cash to a woman on the counter. 

The woman went into a room in the store, making the victim…

The post $125,000 Stolen From Crypto Exchange in Hong Kong, Two Men Caught appeared first on Coin Edition.

Read the article at CoinEdition

Read More

“A Threat to the Financial System”: An Indian Court Takes a Hard Line on Crypto Crime

“A Threat to the Financial System”: An Indian Court Takes a Hard Line on Crypto Crime

The Delhi High Court in India denied bail to Umesh Verma, a businessman accused of de...
MEXC Faces Backlash Over Account Freezes and Withdrawal Delays

MEXC Faces Backlash Over Account Freezes and Withdrawal Delays

Many crypto users and industry observers are raising red flags about global exchange ...