According to COINOTAG News, Hong Kong police have provided an update on a high‑profile armed robbery in the Central district, valued at roughly ¥10 billion yen (about HK$50 million). Fifteen suspects have been detained, with seven formally charged for conspiracy to commit robbery; several arrestees are linked to organized crime networks. The investigation identifies a Japanese company involved in virtual currency and luxury goods as the case’s focal point.

On December 18, two company employees carrying four suitcases of yen cash aimed to exchange funds for cryptocurrency and Hong Kong dollars through a familiar money changer near the New World Tower in Central. Within 30 seconds, four knife‑wielding robbers seized the cash, illustrating a tightly choreographed operation.

Police note a clear division of labor among suspects—robbery, lookouts, and transport—with a rapid cross-car transfer of proceeds. While police have recovered tools, clothing, and masks used in the crime, the whereabouts of most of the funds remain under inquiry. The case underscores security risks facing high‑value cash and offline crypto exchanges, and investigators say the inquiry is ongoing.