Updated Sep 14, 2021, 10:58 a.m. Published Jan 19, 2021, 2:00 p.m.
Hong Kong.
Hong Kong police are searching for robbers who lured a female cryptocurrency trader into an office and robbed her of HK$3.5 million (roughly $451,000) in cash on Monday.
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The trader was paid in cash after using her mobile phone to complete an online sale of tetherUSDT$0.9999 tokens, the South China Morning Post reported Tuesday, citing a police source.
After the cash had changed hands, three men are reported to have rushed from another room carrying a knife or a rod and grabbed the money and phone before locking the trader in the office.
The men had previously made tether trades with the woman, possibly to win her trust, police said. It's not clear how much was stolen in total, when accounting for the tokens also taken.
This is the second incident in Hong Kong involving robbers targeting cryptocurrency holders in two weeks.
On Jan. 5, criminals tricked a man into a meeting for a face-to-face trade, before stealing cash and bitcoin worth around $852,000 and then pushing him out of a car.
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The ruling transfers cash, gold bars, watches, and jewelry seized from a CIBC safety deposit box and bank account into government hands after Patryn did not defend the case.
What to know:
The Supreme Court of British Columbia has forfeited $1 million in cash and gold tied to QuadrigaCX's co-founder, Michael Patryn, to the government.
Patryn did not contest the forfeiture, which involved 45 gold bars, luxury watches, and over $250,000 in cash seized under an Unexplained Wealth Order.
The forfeiture may lead to a process determining if any assets can be directed to QuadrigaCX's creditors, who received 13 cents on the dollar in the bankruptcy settlement.