Bitcoin-Motivated Violent Crime Reaches Taiwan

[kreslik.news]

Violent robberies involving Bitcoin seem to be becoming more common – Taiwanese police reported that four men have been arrested for assaulting a man and compelling him to transfer bitcoins to them, according to a report in Channel NewsAsia.

The perpetrators told the victim that they wanted to buy bitcoins from him, and invited him to meet them. He travelled to the city of Taichung with a friend to do just that. When he showed the group proof of his holdings, they assaulted him and his friend and executed a transfer using his phone. The man had 18 bitcoins on his phone, ... (read more)