Hong Kong and Macau virtual money exchange store robbed at knife point: 1 billion yen stolen, police have arrested 15 people.

Last week, a knife robbery involving Virtual Money occurred in Sheung Wan, Hong Kong. Two Japanese company employees drove to a local Virtual Money exchange shop, planning to exchange 1 billion yen (approximately 50 million HKD) contained in 4 travel suitcases into Virtual Money and HKD, but were unexpectedly met with an armed robbery.

The Hong Kong police quickly took action and arrested 15 suspects, 7 of whom have been charged with conspiracy to commit robbery. The police are still tracing the whereabouts of the stolen funds, and the investigation is ongoing, with the possibility of more arrests. This case serves as a reminder to institutions and individuals engaged in Virtual Money trading that large fund movements require enhanced security precautions.