The rise of cryptocurrency has brought many opportunities for investment, but such wealth potential has also attracted criminals. A recent example is of a Bitcoin robbery in Singapore, in which the victim was robbed of over $ 278,000 USD.
The Singaporean police force has recently announced a robbery case involving a Bitcoin transaction. Pang Joon Hau, a Malaysian man, traveled to Singapore on April 8th in search of Bitcoin sellers.
Carrying Lots of Cash Not a Wise Decision
Pang contacted a broker in Singapore, who then met with Pang at his hotel where the two of them waited for the seller to show up.