Direct robbery is not the only method criminals have used to steal cryptocurrency. At the end of last year, news spread that an executive of the Ukrainian EXMO exchange had been kidnapped, with criminals demanding a $1m Bitcoin ransom.
Photo: Taipei, Taiwan skyline
From CCN, Feb 23, 2018
Four men have been arrested in Taiwan following a bitcoin robbery.
Police were called to the street in the city Taichung by neighbors who reported a dispute. They found bloodstains at the scene, and it was discovered that a cryptocurrency trader named Tai had been lured by men pretending to wish to buy Bitcoin and attacked.
The police report details that after Tai showed proof of his Bitcoin using his mobile phone, he was allegedly assaulted, with the attackers managing to transfer 18 bitcoins worth $188,000 from the device. An attempt was then made to pass the attack off as a drunken row by forcing the victim to drink Kaoliang, a strong liquor.
One man was arrested at the scene, and a second on the island of Kinmen, where he had attempted to evade detection. The two other accused were caught by police after the event, with the fourth man stated to be the mastermind of the attack. No information has been provided regarding whether the funds have been restored to their owner.
The event marks the first occurrence of cryptocurrency robbery in Taiwan, however, a similar event did occur earlier this year in the UK. Two cryptocurrency traders were robbed at gunpoint in their Oxfordshire home, with the aggressors taking the couple’s baby. Direct robbery is not the only method criminals have used to steal cryptocurrency. At the end of last year, news spread that an executive of the Ukrainian EXMO exchange had been kidnapped, with criminals demanding a $1m Bitcoin ransom. [For more information on the Kyiv Bitcoin kidnapping and huge ransom payment, link here: http://www.ukrainebusiness.com.ua/news/19672.html ]
[…]
https://www.ccn.com/taiwanese-police-t ... ys-first-bitcoin-robbery/