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Robbers steal more than HK$3 million in bitcoin from trader, escape after kicking him out of car on Hong Kong hillside

  • Victim was paid in cash after bitcoin transaction, then driven to Chai Wan where money was promptly taken back
  • Police looking for six suspects of non-Chinese ethnicity, aged around 30

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The victim claimed he spoke to two of the suspects online and agreed to meet them to make the bitcoin transaction in person. Photo: Reuters

A gang of robbers stole bitcoin valued at more than HK$3 million from a trader on Monday, luring him to meet for the transaction and then kicking him out of the car on a Hong Kong hillside.

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The robbers fled with HK$3 million (US$387,000) in cash that they had pretended to pay their victim, but took back later when 15 bitcoin worth about HK$235,000 each were transferred.

The incident, which has sparked a citywide manhunt, took place after two non-Chinese men arrived in a white car and picked up the victim – a 37-year-old man – outside a hotel in North Point just before 8pm.

According to police, the man said he agreed to an in-person meeting to sell the men 15 bitcoin after first talking to them online.

“Initial investigation showed he was paid HK$3 million in cash in the car after transferring 15 bitcoin to the two buyers,” a police source said. “The robbers then drove off [with him inside the car] as he was counting the money.”

After travelling for more than 6km, the car pulled over on a hillside on Tai Tam Road in Chai Wan, where a black-coloured vehicle soon arrived and three men emerged.

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Officers from the Eastern district crime squad are investigating the case. Photo: Warton Li
Officers from the Eastern district crime squad are investigating the case. Photo: Warton Li
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