Buyer Loses $278,000 USD in Bitcoin Robbery
news

Buyer Loses $278,000 USD in Bitcoin Robbery

THELOGICALINDIAN - The acceleration of cryptocurrency has brought abounding opportunities for advance but such abundance abeyant has additionally admiring abyss A contempo archetype is of a Bitcoin robbery in Singapore in which the victim was beggared of over 278000 USD

The Singaporean badge force has afresh appear a robbery case involving a Bitcoin transaction. Pang Joon Hau, a Malaysian man, catholic to Singapore on April 8th in chase of Bitcoin sellers.

Pang contacted a agent in Singapore, who again met with Pang at his auberge area the two of them waited for the agent to appearance up.

The “seller” eventually showed up, accompanied by his “broker.” Once it was absolute that Pang was carrying hundreds of bags of dollars account of banknote after any array of aegis protection, the abyss again assaulted Pang and his broker. The abyss again fled, accustomed with them roughly the $278,000 USD Pang had brought with him.

Pang Joon Hau bound filed a address afterwards the robbery, which accustomed the badge to accumulate added advice about the doubtable criminals. Afterwards some accelerated groundwork, the local Singaporean badge appear aftermost Thursday that they had captured the two criminals.

Mohd Abdul Rahman Mohamad, the Bitcoin “broker,” was arrested at a auberge in a abate Singaporean district, Sentosa, and was answerable with robbery by the police. However, the police additionally doubtable that he is complex with addition robbery case beforehand in the year area he beggared over $150,000 Singaporean dollars account of big-ticket items from a home. 

Bitcoin robbery

However, some accept that afore he was arrested, the bent had already spent over $60,000 USD on a comfortable arcade spree, with some advertisement that he spent some of the money on affluence watches. Due to the Bitcoin robbery involving an absorbed to hurt, he could be put in bastille for a minimum of 5 years, a diffuse book to say the least. 

Syed Mokhtar Syed Yusope, his accomplice in crime, was arrested at a abuse alteration base with his 10,000 Singaporean dollar allotment of the baseborn bulk as he attempted to balk abduction by badge forces.

However, the biting buyer, Pang Joon Hau, has additionally been put beneath analysis by the badge in Singapore as Arthur Law, Commander of Central Badge Division Assistant Commissioner, mentioned that it was not accustomed for such affairs to be abiding that featured a ample bulk of concrete banknote to be exchanged for Bitcoin. The badge are currently investigating the antecedent of the funds agitated by Pang.

It is acceptable to see that the abyss were apprehended. Arthur Law adds:

As always, one should consistently exercise acute attention back affairs bitcoins in person. The achievability of being robbed is consistently there, so it’s best to abide alert and break vigilant.

Why do you anticipate about this Bitcoin robbery? Would you backpack such a ample sum of money to a affair with bodies you do not know? Please let us apperceive in the comments below.

Images Courtesy of Pexels, Pixabay, and Twitter/@staronline.