CORE MAGAZINE March 2018 | Page 14

Blockchain News Taiwan's First Bitcoin Robbery Leads to Four Arrests T aiwanese authorities recently arrested four men over a bitcoin robbery that netted them 5 million Taiwanese dollars, worth roughly US$170,000. According to police, this was the first-ever bitcoin-related robbery in the country. To get the money, three men in their early 14 Core Magazine twenties reportedly lured a bitcoiner, surnamed Tai, to a central city. They lured their victim by claiming they were interested in buying bitcoin from him, face-to-face. Tai wasn’t naïve, and brought a friend to accompany him and presumably help if anything went wrong during the sale. Once Tai showed the assailants he had the bitcoins