Thai Police Hunt Gang Behind $2 Million Cryptocurrency Robbery
CryptoNewsTerminal Staff18 Aug, 2024
Thai Police Hunt Gang Behind $2 Million Cryptocurrency Robbery
Thai Police Hunt Gang That Robbed Luxury Home, Stole Cryptocurrency Thai police are searching for a gang of four Chinese nationals who broke into a luxury home and stole approximately $2 million worth of cryptocurrency, according to CryptoPotato. The incident occurred in the early hours of June 28th, when the gang, wearing masks, broke into the home of a businessman identified as Mr. A. They allegedly threatened him with a knife before forcing him to transfer the crypto funds to a specific address. After confirming that the cryptocurrency had been sent to their address, the gang fled in a vehicle. Mr. A reported the incident to the police, who have launched an investigation and are currently searching for the suspects. The stolen cryptocurrency is believed to have been transferred to a digital wallet, and investigators are working to trace the funds. The incident highlights the growing threat of cryptocurrency theft, and investors are advised to take steps to protect their assets. These steps include using strong passwords, enabling two-factor authentication, and storing cryptocurrency in a secure wallet. ```
