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

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As many non-tech savvy people think in which Bitcoin looks like a Gold coin as illustrated in many stock images, perhaps these robbers also planned to rob a cryptocurrency exchange thinking in which 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, in addition to restrained four of its employees.

The intruders then struck one of the employees inside head having a handgun, asking them to make an outbound transaction via the cryptocurrency exchange.

A fifth employee in another cabin, who remained unseen in an office, called the police before any assets could be taken, in addition to 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 in addition to 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 in addition to speaking to a person of interest in which was inside the premise as the suspects arrived. in which 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 having 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 is actually set to appear in court on January 24, 2018. Ottawa police are today 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 in addition to 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 in addition to robbery, claiming Meza held “demanded in which the victim turns over his cell phone, wallet, in addition to keys while holding the victim at gunpoint.”

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