Hong Kong Police Arrest Two Men In Cryptocurrency Theft Case

According to PANews, Hong Kong police have arrested two men in connection with a theft case involving a cryptocurrency exchange shop in the Sham Shui Po district, with the amount involved totaling HKD 4 million. Senior Inspector Leung Wai-hin of the Sham Shui Po District Crime Squad stated that a 43-year-old local man brought HKD 4 million in cash to a cryptocurrency exchange shop in a mall on Cheung Sha Wan Road on Monday afternoon to purchase virtual currency. After handing the cash to a female shop assistant, the assistant went into a room inside the shop. The man became suspicious while waiting and attempted to leave the shop, only to find himself locked inside, prompting him to call the police. Following an investigation and intelligence analysis, police arrested two men holding Hong Kong identity cards on charges of conspiracy to steal on the day before and the day of the incident. The police are currently pursuing other individuals involved in the case and tracking the whereabouts of the stolen funds. The cryptocurrency exchange shop in question had been operating for about a month and a half, with proper decoration and design, but did not operate for long hours. The victim had previously conducted two successful transactions of approximately HKD 400,000 and HKD 800,000 in early September, which led him to trust the shop and increase his investment to HKD 4 million. The police also mentioned that the West Kowloon District received 12 similar cases involving cryptocurrency transactions in the first nine months of this year. In these cases, victims went to cryptocurrency exchange shops to conduct cash transactions and were either robbed of their money or did not receive the corresponding amount after transferring cryptocurrency, with the total amount involved reaching HKD 10.8 million.