Outrageous Crypto Heist in bangkok: Chinese nationals Robbed of 5 Million Baht in Broad Daylight
In a shocking turn of events,three Chinese men orchestrated a brazen cryptocurrency scam in the heart of Bangkok,leaving their victims 5 million baht poorer.The incident, which unfolded in the bustling rama IX area, has sent ripples through the city’s crypto community and raised concerns about the safety of such transactions.
According to reports from the Phan Fah Police Radio Center 191, the crime occurred at approximately 3:55 p.m. on January 9, 2025. The victims, also Chinese nationals, had arranged to meet the assailants to exchange cryptocurrency. However, the meeting took a sinister turn when the perpetrators made off with 5 million baht in cash, leaving the victims empty-handed.
The suspects, described as three unidentified men, reportedly fled the scene in a white van, heading towards Asoke-Din Daeng Road before disappearing onto the expressway. Their escape route remains unknown, leaving authorities scrambling for leads.
the scene of the crime was later identified as a house in Soi Pracharat Bamphen 12, Huai Khwang Subdistrict, Bangkok. Witnesses reported that the victims had brought the cash in a black bag, which they placed on a table during the exchange. Instead of transferring the promised cryptocurrency, the assailants seized the bag and fled in a white L-Park van with the registration number KL 2233.
The victim, steadfast to recover their stolen funds, pursued the criminals on a hired motorcycle but ultimately lost track of the van.
This incident is not an isolated case. Recent reports highlight a surge in cryptocurrency-related scams in Bangkok, with Chinese nationals frequently enough at the center of these schemes. Just days earlier, two separate crypto exchange meetings involving Chinese nationals in Huai Khwang district resulted in losses totaling 13 million baht.
Thai authorities have been cracking down on such fraudulent activities. In a related case, a cross-border crypto fraud ring spanning Thailand, Cambodia, and Myanmar was dismantled after scamming a local woman of over $620,000. The operation involved fraudulent online investment opportunities, identity theft, and sophisticated money laundering tactics [2].
| Key Details of the Rama IX Crypto Heist |
|———————————————|
| Location | Soi Pracharat Bamphen 12, Huai Khwang, Bangkok |
| time of Incident | 3:55 p.m., January 9, 2025 |
| Amount Stolen | 5 million baht |
| Suspects | Three Chinese men |
| Escape Vehicle | White L-Park van (KL 2233) |
| Victim’s Action | Pursued suspects on a hired motorcycle |
The audacity of this crime underscores the risks associated with cryptocurrency transactions, especially in informal settings. As the popularity of digital currencies grows, so too does the need for stricter regulations and heightened vigilance among investors.For now, the Huai Khwang Police Station is investigating the case, urging anyone with facts to come forward. Meanwhile, the victims are left grappling with the aftermath of a scam that unfolded in broad daylight, a stark reminder of the dangers lurking in the world of crypto.
Stay informed and protect yourself by learning more about recent crypto scams and how to avoid falling victim to such schemes.5 Million Baht Crypto Scam: Victim Loses Cash in Bold Daylight Robbery
In a shocking turn of events, a daring robbery unfolded at a parcel delivery shop in Soi Pracharat Bamphen 12, Bangkok, leaving a victim out of 5 million baht in cash. The incident, which occurred during a cryptocurrency exchange, has raised concerns about the safety of high-value transactions in the digital age.
According to Police Col. Prasopchok Iampinit, superintendent of Huai Khwang Police Station, the victim had brought the hefty sum to exchange for crypto coins. “The perpetrator’s side claimed that the money had been transferred to the victim’s account,” Col. Prasopchok revealed. However, when the victim checked, no crypto funds had arrived, sparking a heated argument.
In a bold move, the perpetrator seized the cash and fled the scene.The victim attempted to chase the thief but was unsuccessful. “The victim then traveled to the police station to file a legal complaint,” Col. Prasopchok added.
Police investigations took a crucial turn when they discovered the victim’s mobile phone inside the stolen cash bag. Using the phone’s GPS, authorities traced the latest coordinates to Chaozhou Health Park in Yannawa District, Charoen Rat 3. This breakthrough has provided a potential lead in the ongoing search for the suspect.
The Rise of Crypto-Related Crimes
This incident highlights the growing risks associated with cryptocurrency transactions, particularly in-person exchanges. As digital currencies gain popularity, so do the opportunities for fraud and theft. Experts recommend using secure platforms and verifying transactions thoroughly before handing over cash.
For those unfamiliar with the process, cryptocurrency exchanges involve converting traditional currency into digital assets like Bitcoin or Ethereum. However, the lack of regulation in some areas makes these transactions vulnerable to scams.
Key Details of the Incident
| Aspect | Details |
|————————–|—————————————————————————–|
| Location | Parcel delivery shop, Soi Pracharat Bamphen 12, Bangkok |
| Amount Stolen | 5 million baht in cash |
| Transaction Type | Cryptocurrency exchange |
| Suspect’s Claim | Money transferred to victim’s account (later found false) |
| GPS Tracking | Victim’s phone traced to Chaozhou Health Park, Yannawa District |
| Police Involvement | Huai Khwang Police Station handling the case |
What’s Next?
Authorities are urging anyone with information about the suspect to come forward. Meanwhile, the victim’s ordeal serves as a cautionary tale for those engaging in high-stakes transactions.
For more insights on cryptocurrency safety, check out this guide on secure crypto practices.
Stay Vigilant
As the inquiry continues, this case underscores the importance of vigilance in financial dealings. whether you’re trading crypto or handling large sums of cash,always prioritize security.
What are your thoughts on this incident? Share your opinions in the comments below or explore more stories on crypto-related crimes.
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This article is based on exclusive information from the incident report.For updates on the case, follow our coverage.
