Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Hong Kong cryptocurrency trader targeted in HK$2 million robbery

Hong Kong cryptocurrency trader targeted in HK$2 million robbery

Suspects sprayed unknown substance in 22-year-old victim’s eyes during attack in Kwun Tong, before grabbing bag full of cash.

A citywide police hunt is under way for a gang of thieves after a cryptocurrency trader was sprayed in his eyes with an unknown substance and robbed of HK$2 million while he was on his way to buy bitcoin in Hong Kong on Tuesday.

The suspects struck in broad daylight in the car park of Legend Tower on Shing Yip Street in Kwun Tong, shortly before 4.30pm.

According to police, the 22-year-old victim was targeted after he parked his car.

“While he was waiting for a lift, two men approached him and sprayed an unknown liquid into his eyes before snatching his green bag containing HK$2 million,” a police spokesman said, adding the victim said the substance had left him briefly unable to see.

Officers said the two robbers fled in a white car driven by a third man, the three suspects later abandoned the car at the junction of Hoi Yuen Road and Shing Yip Street, and fled on foot heading towards Wai Yip Street.

Crimes surrounding the purchase of bitcoin have jumped in Hong Kong since the start of the year.


Officers combed the area, but no arrests were made. The spokesman said the victim did not request hospital treatment in the incident.

In March, two money exchange company employees were lured to a Tin Hau shop and conned out of HK$3.85 million in a bogus bitcoin transaction.

In January, two cryptocurrency traders were robbed of HK$6.5 million in total in two separate cases in a fortnight.

On January 4, a gang of robbers lured a 37-year-old man to transfer bitcoin valued more than HK$3 million to them after he met them and made an online transaction in their car. They first paid the victim with cash but took it straight back after he transferred bitcoin to them. The victim was later kicked out of the vehicle on a hillside on Tai Tam Road in Chai Wan.

Two weeks later, another gang lured a female trader to an office in Kwun Tong for a transaction and robbed her of HK$3.5 million at knifepoint.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
U.S. Justice Department Reduces American Bar Association's Role in Judicial Nominations
U.S. Department of Energy Unveils 'Doudna' Supercomputer to Advance AI Research
U.S. SEC Dismisses Lawsuit Against Binance Amid Regulatory Shift
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
Italy Faces Population Decline Amid Youth Emigration
×