Four arrested over Taiwan’s first bitcoin robbery

Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its value has soared since it came into being in 2009. (AFP)
Updated 22 February 2018
0

Four arrested over Taiwan’s first bitcoin robbery

TAIWAN: Taiwan police have arrested four men over a bitcoin robbery worth 5 million Taiwanese dollars in what they said was the first case of its kind on the island.
Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its value has soared since it came into being in 2009.
Taiwan police said three men in their early twenties lured a man surnamed Tai to the central city of Taichung, pretending to be interested in buying bitcoins.
After Tai showed proof of his bitcoins on his phone, the scammers assaulted him and his friend, then transferred 18 bitcoins worth 5 million Taiwanese dollars from Tai’s account via his phone.
The suspects attempted to pass off the heist as a drunken row by forcing the victim to drink Kaoliang, a strong Taiwanese liquor, Taichung city police said in a statement.
Police arrived at the scene after receiving a call about a dispute and one man was detained. The other two had fled.
“The police saw bloodstains at the scene ... after further investigation, it was discovered to be a bitcoin virtual currency robbery,” the statement released Wednesday said.
It described the case, which happened earlier this month, as “the first domestic case of bitcoin robbery.”
The two other suspects were later arrested, one on the outlying island of Kinmen where he had gone to escape police.
The fourth man, surnamed Shih, believed to be the mastermind behind the robbery, was also detained.
Britain saw its first Bitcoin armed robbery last month, according to reports, in which a virtual currency trader and his wife were threatened with a gun.
Bitcoin and other cryptocurrencies are independent of governments and banks and use blockchain technology, where encrypted digital coins are created by supercomputers.
But calls are mounting for virtual currencies to be regulated, and prices have fluctuated in recent months amid concerns over tightened control.


Bulgaria seizes 288 kilos of heroin in truck from Iran

Updated 18 April 2019
0

Bulgaria seizes 288 kilos of heroin in truck from Iran

  • Two men — the Iranian truck driver and a Turkish man, who was allegedly to receive the drugs in Bulgaria — were detained and indicted for drug trafficking

SOFIA: Bulgarian customs officials confiscated more than 288 kilo (635 pounds) of heroin hidden on a truck from Iran, prosecutors announced Thursday.

The haul is the biggest amount of heroin seized at Bulgaria’s borders this year, the customs agency said.

Two men — the Iranian truck driver and a Turkish man, who was allegedly to receive the drugs in Bulgaria — were detained and indicted for drug trafficking, the Haskovo regional prosecution said in a statement. They risk jail terms from 15 to 20 years, it added.

The drugs were placed in 144 packages hidden inside the floor and ceiling of a spray painting machine transported inside the truck.

It was found when the vehicle was X-rayed upon entering Bulgaria from Turkey at the southeastern Kapitan Andreevo border checkpoint on Sunday, but the seizure was only announced on Thursday.

Bulgaria, which lies on the so-called Balkan drugs route from the Middle East to Western Europe, has seen a several-fold increase in heroin seizures over the past three years.

In 2018, the customs agency confiscated a total of 994 kilos of heroin at the country’s borders, a rise of 13 percent from 2017.