4 arrested over Taiwan’s first Bitcoin robbery case
Taiwan police have arrested four men over a Bitcoin robbery worth NT$5 million (US$170,000) in what they said was the first case of its kind on the island.
Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its value has soared since it came into being in 2009.
Taiwan police said three men in their early 20s lured a man surnamed Tai to the city of Taichung, pretending to be interested in buying Bitcoins from him.
After Tai showed proof of his Bitcoins on his phone, the scammers assaulted him and his friend, then transferred 18 Bitcoins worth NT$5 million from Tai’s account via his phone.
The suspects attempted to pass off the heist as a drunken row by forcing the victim to drink Kaoliang, a strong liquor, Taichung city police said in a statement.
Police arrived at the scene after receiving a call about a dispute and one man was detained. The other two had fled.
“Police saw bloodstains at the scene and after further investigation, it was discovered to be a Bitcoin virtual currency robbery,” the statement released on Wednesday said.
It described the case, which happened earlier this month, as Taiwan’s first case of Bitcoin robbery.
The two other suspects were later arrested, one on the outlying island of Kinmen where he had gone to escape police.
The fourth man, surnamed Shih, believed to be the mastermind behind the robbery, was also detained.
Bitcoin and other virtual currencies are independent of governments and banks and use blockchain technology, where encrypted digital coins are created by supercomputers.
However, calls are mounting for the virtual currencies to be regulated, and prices have fluctuated wildly in recent months amid concerns over tightened control.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.