4 weeks ago
14 Views

Yikes! Three armed men tried to rob a Bitcoin Exchange in Canada

cryptocurrency-exchange-robbery

As many non-tech savvy people think that will Bitcoin looks like a Gold coin as illustrated in many stock images, perhaps these robbers also planned to rob a cryptocurrency exchange thinking that will way.

All jokes apart, we saw one such attempt on Tuesday morning, when three men armed with handguns entered the offices of a Canadian Bitcoin exchange in Ottawa, along with restrained four of its employees.

The intruders then struck one of the employees inside the head which has a handgun, asking them to make an outbound transaction coming from the cryptocurrency exchange.

A fifth employee in another cabin, who remained unseen in an office, called the police before any assets could be taken, along with the robbers left empty-handed.

One of the suspects arrested later Wednesday after arriving police officers saw him run into a ravine north of Colonnade Road along with deployed “extensive resources,” including K-9 unit officers, to find him, CBC News reports.

“Police are looking For two main additional suspects, both described as black males,” the police says. “Investigators are also interested in identifying along with speaking to a person of interest that will was inside the premise as the suspects arrived. that will person did not remain at the scene.”

The suspect in custody, identified as 19-year-old Jimmy St-Hilaire, has been charged with the following offences:

  • 5 counts of robbery which has a firearm
  • 5 counts of point a firearm
  • 5 counts of forcible confinement
  • Wear disguise
  • Conspiracy to Commit an indictable offence
  • Carry concealed weapon
  • Possess firearm while prohibited
  • Possess weapon for committing an offence
  • Possess loaded regulated firearm

St-Hilaire can be set to appear in court on January 24, 2018. Ottawa police are right now looking for the remaining two suspects.


The authorities have not revealed the name of the cryptocurrency exchange.

A similar incident happened last month when armed robbers kidnapped a top executive at UK-registered crypto-exchange EXMO Finance along with allegedly stole more than $1.8 million of Ether for releasing him.

The brand new York District Attorney’s Office charged brand new Jersey native Louis Meza for the kidnapping along with robbery, claiming Meza held “demanded that will the victim turns over his cell phone, wallet, along with keys while holding the victim at gunpoint.”

Article Categories:
Security Hacks

Leave a Comment

Your email address will not be published. Required fields are marked *

three × five =