NOTHING TO SEE HERE: After residents notified police of an altercation, Huang told officers that it was due to a fight during a party and no one wanted to press charges

Taipei Times
Date: Feb 22, 2018
By: Jason Pan  /  Staff reporter

Taichung police yesterday arrested four men in connection with what authorities described as the first “bitcoin robbery” case in Asia.

The Taichung District Prosecutors’ Office has pressed charges against the four men for robbery, forcible confinement and fraud.

Police said the four suspects convinced a man surnamed Tai (戴) to sell them bitcoin, and as they met to conclude the deal, they assaulted Tai and seized his smartphone to transfer more than NT$5 million (US$170,969) in the cryptocurrency to an unspecified Chinese account.

The suspects held in detention are surnamed Shih (施), 23; Lin (林), 20; Huang (黃), 25; and Hsiao (蕭), 23.    [FULL  STORY]