An unidentified 28-year-old man was robbed of more than $1,100 in bitcoin at gunpoint in New York City late last month.

The robbery took place after the man, from Crown Heights, Brooklyn, met up for an in-person bitcoin sale arranged over online classifieds platform Craigslist on 27th May, according to a report by DNAinfo.

A representative for the New York Police Department (NYPD) confirmed the report when reached.

The NYPD said that the seller was led to a vehicle after meeting up with the presumed buyer. He was subsequently forced, at gunpoint, to transfer his bitcoins to the two assailants.

The identities of those involved in the incident are unknown at this time.


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.