Man robbed of HK$318,000 in Cheung Sha Wan after cryptocurrency transaction

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Home News Breaking news Man robbed of HK$318,000 in Cheung Sha Wan after cryptocurrency transaction

14th March 2025 – (Hong Kong) A 41-year-old man, surnamed Wong, was robbed of approximately HK$318,000 in cash late Thursday night in Cheung Sha Wan, following a cryptocurrency transaction.

The incident occurred at 11.39pm on Lai Wan Road, near the Lai Chi Kok Government Offices. Wong was reportedly carrying a plastic bag containing the cash when an unidentified man approached him from behind and snatched the bag. The suspect fled in the direction of King Lai Path and remains at large.

Police officers conducted a search in the vicinity but were unable to locate the perpetrator. The case has been classified as a robbery, and authorities are pursuing a suspect described as approximately 1.75 metres tall and dressed in a black long-sleeve top at the time of the incident.

Earlier in the evening, Wong had arranged to meet a buyer on Sung Wong Toi Road in Kowloon City to complete a cryptocurrency transaction. After concluding the deal, he was en route to his residence at Wah Lai Estate when the robbery occurred.

The incident underscores the risks associated with carrying large amounts of cash for private financial transactions. Police are continuing their investigation to apprehend the suspect.

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