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MainNews$125,000 Sto...

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


Sep, 26, 2024
1 min read
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


Sep, 26, 2024
1 min read
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

Fake SCMP Website Uses Li Ka-shing Endorsement in a Cryptocurrency Scam

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The South China Morning Post (SCMP) has filed a police report after finding a fraudul...
Apr, 18, 2025
< 1 min read
by CoinEdition
Crypto Rug Pull Threat Shifts: Less Frequent But Far More Damaging in 2025

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Rug pulls may have happened less often so far in 2025, but the financial damage they’...
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