An armed robbery occurred in Bangkok, targeting three crypto traders who were attempting to exchange a large sum of money.
Circumstances of the Robbery
According to a report by the Thai newspaper Khaosod, the robbery took place in the parking lot of a shopping mall in the Ladprao district. The victims intended to exchange 3.4 million baht in cash (approximately $100,000) for cryptocurrency when they were ambushed by five armed robbers. The criminals, armed with guns and knives, confronted the victims as soon as the transaction began.
Law Enforcement Response
After the incident, police initiated a search for the suspects who managed to escape in a gray Honda Civic with the stolen money. Authorities are currently working to apprehend the criminals and clarify the circumstances of the robbery.
Safety of Crypto Traders
This incident highlights the growing safety concerns that cryptocurrency traders face, especially in light of predictions that 2025 may be particularly dangerous for crypto holders, given the increasing number of physical attacks. Previous similar incidents have also been reported, including an attempted kidnapping of a family member of a French crypto CEO and the kidnapping of Ledger's co-founder.
The robbery in Bangkok serves as a troubling reminder of the risks cryptocurrency traders encounter. Police continue their search for the suspects, while experts recommend enhancing safety measures when conducting cryptocurrency transactions.
