Hong Kong police are searching for robbers who lured a female cryptocurrency trader into an office and robbed her of HK$3.5 million (roughly $451,000) in cash on Monday.
- After the cash had changed hands, three men are reported to have rushed from another room carrying a knife or a rod and grabbed the money and phone before locking the trader in the office.
- The men had previously made tether trades with the woman, possibly to win her trust, police said. It's not clear how much was stolen in total, when accounting for the tokens also taken.
- This is the second incident in Hong Kong involving robbers targeting cryptocurrency holders in two weeks.
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.