Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong

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 agreed to meet in person for a crypto exchange transaction.

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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.

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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.

However, following the transaction, the robbers kicked the victim out of the car on a hillside while counting the money, sparking a nationwide search. According to the police, such an incident happened after the robbers traveled for more

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