Crypto Investor Kidnapped in Hong Kong: Police Hunt for Four Suspects Linked to Bitcoin (BTC)

  • The Hong Kong police force is currently investigating the abduction of a female crypto investor, believed to be linked to a HK$15 million (U.S.$1.9 million) crypto investment dispute.
  • The victim was released an hour after her abduction, and the case is being treated as unlawful detention and assault.
  • This incident marks the second abduction in the city within 32 hours, highlighting a surge in crypto crimes in Hong Kong.

Hong Kong police are investigating an abduction case involving a crypto investor, as the city witnesses a rise in crypto-related crimes.

Abduction of Crypto Investor in Hong Kong

A 55-year-old woman, who is a crypto investor, was abducted by four unidentified men in Sheung Shui district. The suspects attacked her husband with a stun gun when he tried to prevent them from taking her. The woman was released about an hour after her abduction. The incident is believed to be linked to a HK$15 million (U.S.$1.9 million) crypto investment dispute in which the victim was involved.

Rise in Crypto Crimes in Hong Kong

Hong Kong is currently witnessing a surge in crypto crimes, primarily due to financial disputes over digital asset investments. This incident marks the second abduction in the city within 32 hours. Last month, the Hong Kong police force rescued a 19-year-old victim of a brutal assault over a dispute regarding $23,000 in crypto trading profits. The police are still in search of six suspects involved in that case.

Investigation and Aftermath

Following the abduction, the woman sought help at the nearest police station. The police, treating the case as unlawful detention and assault, have launched an investigation. The captors, believed to be between the ages of 30 and 50, are still at large. The woman and her husband, who sustained injuries during the incident, have been sent to a hospital for treatment.

Conclusion

This recent surge in crypto crimes in Hong Kong underscores the need for increased security and regulation in the crypto space. As digital asset investments continue to gain popularity, it is crucial for authorities to ensure the safety and protection of investors.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin 2025 Conference Unveils Star-Studded Keynote Speakers Ahead of Las Vegas Event

On May 25th, COINOTAG News disclosed the lineup of...

US Core PCE Price Index Expected to Remain Stable Amid Trade Policy Adjustments

The crypto landscape is poised for significant movements as...

Vitalik Buterin: Ethereum’s Role in Embracing Cash Amid Nordic Shift from Cashless Societies

Vitalik Buterin, the co-founder of Ethereum, recently expressed significant...

Michael Saylor Emphasizes Caution in Bitcoin Investments: “Only Use Money You Can Afford to Lose”

In recent developments, Michael Saylor, founder of Strategy and...

Whale James Wynn Boosts Bitcoin Short Position to $825 Million Amid $920K Unrealized Loss

COINOTAG reports that on May 25th, the whale investor...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img