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Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina

Robberies of cryptocurrencies have become a global problem for authorities lately, and this time the latest reported case is in Argentina. In Mendoza, an unknown man was robbed by two criminals posing as bitcoin buyers.

The identity of the thieves is still unknown

According to Mendo Woz, a 26-year-old man, identified by his initials F.T., had arranged to meet the two robbers by phone at 7:30 p.m. local time on a street corner in the Guaymalen neighborhood.

Initially, F.T. thought the two criminals were legitimate bitcoin (BTC) buyers who wanted to buy his cryptocurrency in exchange for Argentine pesos. There is no record of exactly how much bitcoin the men agreed to buy.

However, the situation became suspicious because the alleged buyers of BTC never arrived. Two robbers then appeared on the scene and threatened him with firearms.

According to local newspaper Los Andes, it is suspected that these are the same people who posed as cryptocurrency buyers.

The criminals managed to steal his iPhone, $2,500 and 120,000 Argentine pesos ($3,810). F.T. was not injured in the incident, but the robbers fled in a van.

Residents helped the victim by calling the police. According to local media, the stolen iPhone was found by authorities on the highway.

Attorney General’s office number 19 of the 35th Judicial District. The Argentina Police Department is currently investigating. However, at the time of publication, there have been no arrests or clues as to the identity of the thieves.

Hong Kong is experiencing its own drama with cryptocurrency thefts.

Earlier this year, a 37-year-old man in Hong Kong was also robbed by a gang of robbers who made off with 15 bitcoins (BTC) worth 3 million Hong Kong dollars ($387,000) in cash at the time. They also agreed to meet in person for a crypto currency exchange.

Separately, Bitcoin.com News reported another heist in the same country involving an offline crypto transaction. A shopkeeper has fallen victim to thieves who stole chips worth HK$3.5 million (US$451,000).

What do you think of this crypto-currency business in Argentina? Let us know your comments in the section below.

Photo credit: Shutterstock, Pixabay, Wiki Commons

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