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  • Hello I'm Dr. Lai. I'd like to have a cryptocurrency case study with you.
  • Recently, a buyer met the victim online and said that he was interested in buying Tethercryptocurrency for HK$4 million. Then, the buyer lured the victim to Kowloon Bay for face-to-face trading. After that, the victim was taken to a unit of an industrial building nearby. Inside the building, several men attacked him with a hammer and iron bars. 
  • The topic of case study:kidnapping of crypto investor
  • The victim’s leg and hand fractures were injured seriously. He was forced to give his mobile phone, passwords for his online banking and trading platform accounts. Moreover, he was forced to call his family and friends to ask for ransom. After arresting the kidnappers, the victim is being treated in hospital. Total of eleven men and two women were arrested in this case. 
  • Why people choose face-to-face trading? It's because In Hong Kong, virtual currency transaction is a kind of illegal activity. No bank allows it and assists the process of trading. Consequently, people who are crypto investors can only finish virtual currency trading through online cryptocurrencies platforms or face-to face trading. 
  • This case is a typical example of robbery in a face-to-face transaction. To avert it, crypto investors should have virtual currency transactions through the trustworthy online crypto currency platforms instead of face-to face trading. For instance, OSL is a Hong Kong trustworthy crypto currency platform. 
  • That’s all of my sharing. See you next time!
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