• Forums
  • Our YouTube channel
  • Join our Discord!
  • ModMyForums
  • Official RSS
  • Twitter masterfeed
  • About us
  • Mobile Nations

We may earn a commission for purchases using our links. Learn more.

  1. Home
  2. /
  3. Other
One suspect caught

Armed men tried to rob a Bitcoin exchange

Armed men tried to rob a Bitcoin exchange
Spencer Steiner
6 Feb 2018

This past week an online cryptocurrency exchange had its office invaded by three armed men, who were attempting to rob the Bitcoin exchange by coercing the employees to process a transaction. The Canadian police force says the three criminals bound four employees and hit one in the head with a handgun. There was a fifth employee, however, who was fortunately able to contact the police.

The Ottawa Police announced on their Twitter page after finding one of the suspects, 19 year old Jimmy St-Hilaire — who had fled into a ravine. They tracked the suspect down using dogs and had firearms drawn and prepared. Here's the tweet:

Suspect charged in financial robbery and additional suspects are being sought https://t.co/vFb5ZJ3z2Q #ottnews pic.twitter.com/Srofnl8IEN

— Ottawa Police (@OttawaPolice) January 24, 2018

The other two suspects have not yet been found, but the police say they are still searching the area. The police also declined to name the business, but they did say it was a "Bitcoin related financial institution", and a Canadian Bitcoin exchange in the near area has stated that there was an armed robbery attempt at their offices:

"Yesterday, there was an attempted robbery at our office in Ottawa. As police have mentioned, no one was seriously hurt during the incident, but one staff member did sustain minor injuries. Our focus is on supporting our staff at this time as well as working with the police in their investigation."

Unfortunately as the value and demand for cryptocurrencies continue to grow, so will the interest of criminals. We saw multiple crypto-related crimes last year, including a kidnapping. Luckily in this case it was a failed robbery, and no staff sustained major injuries.

via Motherboard

We may earn a commission for purchases using our links. Learn more.

  • Other
  • Cryptocurrency
Spencer Steiner

Spencer Steiner

Spencer Steiner is a writer at ModMy and a tech freak. He enjoys gaming, computers, video editing, and building websites. You can follow him on Twitter at @Potpotsie_

  • Jailbreak iOS
  • Root Android
  • CFW your PSVita
  • Disable macOS SIP
  • Hackintosh your PC
  • Build a Smart TV box
  • PWN your SNES
  • Android Central
  • iMore
  • Windows Central
  • CrackBerry
  • TechnoBuffalo
Log in or Sign up
  • twitter
  • facebook
  • youtube
  • Instagram
  • rss
  • discord

Brightness

  • © Future US, Inc.
  • Terms & Conditions
  • Cookie Policy
  • Privacy Policy
  • Careers
  • Licensing
  • External Links Disclosure
  • Accessibility Statement
  • © Future US, Inc.
  • Terms & Conditions
  • Cookie Policy
  • Privacy Policy
  • Careers
  • Licensing
  • External Links Disclosure
  • Accessibility Statement